Stride Inc expected to post earnings of $1.04 a share - Earnings Preview

Stride

20/01/2023 21:19

* Stride Inc  LRN.N   LRN  is expected to show a rise in
quarterly
revenue when it reports  results on January 24. 
    * The Reston Virginia-based  company is expected to report 
a
8.0% increase in revenue to $442.35 million from $409.51 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. The company's guidance on October 26
2022, for the period ended December 31, was for revenue between
$435.00 million and $465.00 million.
    * ​Refinitiv's mean analyst estimate for Stride Inc is for
earnings of $1.04 per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," no "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
$48.5​, above​ its last closing price of $31.85. ​​​

The company's guidance on October 25 2022 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD70 million and USD80 million.The company's guidance on
October 25 2022 for the period ended December 31 was for Capital
Expenditures between USD17 million and USD20 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.18       -0.13      -0.54     Missed  -303
 Jun. 30 2022  0.62        0.63       0.66      Beat    4.3
 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.        -0.11       -0.14      -0.15     Missed  -9.5
 30 2021                                                
 Jun. 30 2021  0.15        0.15       0.25      Beat    66.7​
 Mar. 31 2021  0.46        0.47       0.57      Beat    22.3
 Dec. 31 2020  0.49        0.49       0.60      Beat    23.1
 This summary was machine generated January 20 at 21:19 GMT.  All
figures in US dollars  unless otherwise stated