Stride Inc expected to post earnings of $1.06 a share - Earnings Preview

Stride

22/04/2023 01:21

* Stride Inc  LRN.N   LRN  is expected to show a rise in
quarterly
revenue when it reports  results on April 25. 
    * The Reston Virginia-based  company is expected to report 
a
8.2% increase in revenue to $456.434 million from $421.72
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. The company's guidance on
January 24 2023, for the period ended March 31, was for revenue
between $445.00 million and $465.00 million.
    * ​Refinitiv's mean analyst estimate for Stride Inc is for
earnings of $1.06 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
$48​, above​ its last closing price of $37.80. ​​​

The company's guidance on January 24 2023 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD70 million and USD80 million.The company's guidance on
January 24 2023 for the period ended March 31 was for Capital
Expenditures between USD60 million and USD90 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  
 Dec. 31 2022  1.04        1.04       1.19      Beat    14.6
 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.        0.77        0.77       1.00      Beat    30.1
 31 2021                                                
 Sep. 30 2021  -0.11       -0.14      -0.15     Missed  -9.5​
 Jun. 30 2021  0.15        0.15       0.25      Beat    66.7
 Mar. 31 2021  0.46        0.47       0.57      Beat    22.3
 This summary was machine generated April 22 at 00:21 GMT.  All
figures in US dollars  unless otherwise stated