Stride Inc expected to post a loss of 35 cents a share - Earnings Preview

Stride

20/10/2023 21:35

* Stride Inc  LRN.N   LRN  is expected to show a rise in
quarterly
revenue when it reports  results on October 24. 
    * The Reston Virginia-based  company is expected to report 
a
6.1% increase in revenue to $451.15 million from $425.15 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Stride Inc is for a
loss
of 35 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Stride Inc
is
$51​, above​ its last closing price of $45.13. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.88        0.87       1.01      Beat    16.1
 Mar. 31 2023  1.07        1.07       1.30      Beat    21.8
 Dec. 31 2022  1.04        1.04       1.19      Beat    14.6​
 Sep. 30 2022  -0.18       -0.13      -0.54     Missed  -303
 ​​Jun.        0.62        0.63       0.66      Beat    4.3
 30 2022                                                
 Mar. 31 2022  0.83        0.84       1.02      Beat    21.7​
 Dec. 31 2021  0.77        0.77       1.00      Beat    30.1
 Sep. 30 2021  -0.11       -0.14      -0.15     Missed  -9.5
 This summary was machine generated October 20 at 20:35 GMT.  All
figures in US dollars  unless otherwise stated