Stride Inc expected to post earnings of 87  cents a share - Earnings Preview

Stride

04/08/2023 16:08

* Stride Inc  LRN.N   LRN  is expected to show a rise in
quarterly
revenue when it reports  results on August 7 (estimated). 
    * The Reston Virginia-based  company is expected to report 
a
1.2% increase in revenue to $460.7 million from $455.21 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Stride Inc is for
earnings of 87 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
$50​, above​ its last closing price of $39.13. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.07        1.07       1.30      Beat    21.8
 Dec. 31 2023  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.        0.83        0.84       1.02      Beat    21.7
 31 2022                                                
 Dec. 31 2021  0.77        0.77       1.00      Beat    30.1​
 Sep. 30 2021  -0.11       -0.14      -0.15     Missed  -9.5
 Jun. 30 2021  0.15        0.15       0.25      Beat    66.7
 This summary was machine generated August 4 at 15:08 GMT.  All
figures in US dollars  unless otherwise stated