Stride Inc reports results for the quarter ended December 31 - Earnings Summary

Stride

28/01/2025 22:02

* Stride Inc  LRN.N  reported quarterly adjusted earnings of
$2.03​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of
$1.54.  The mean expectation of five analysts for the quarter
was for earnings of $1.95 per share. Wall Street expected
results to range from $1.90  to $1.98 per share.
    * Revenue rose 16.3% to $587.21 million from a year ago;
analysts
expected $569.25 million. 
    * Stride Inc's reported EPS for the quarter was $2.03​.
    * The company reported quarterly net income of $96.39
million.
    * Stride Inc shares had risen by 14.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the miscellaneous
educational service providers peer group is also "buy"

Wall Street's median 12-month price target for Stride Inc is
$119.50 
This summary was machine generated from LSEG data January 28 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.95           2.03           Beat
 Sep. 30 2024      0.22           0.94           Beat
 Jun. 30 2024      1.27           1.42           Beat
 Mar. 31 2024      1.43           1.60           Beat