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

Stride

24/01/2023 22:03

* Stride Inc  LRN.N  reported quarterly adjusted earnings of
$1.19​​ per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for earnings of
$1.04 per share.
    * Revenue rose 11.9% to $458.44 million from a year ago;
analysts
expected $442.35 million. 
    * Stride Inc's reported EPS for the quarter was $1.19​.
    * The mean earnings estimate of analysts had risen by
about 15.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Stride Inc shares had risen by 4.0% this quarter.
    * The company reported quarterly net income of $50.71
million.
    * Wall Street's median 12-month price target for Stride Inc
is
$48.50 
    * 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." 

This summary was machine generated from Refinitiv data January
24 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.04           1.19           Beat
 Sep. 30 2022      -0.13          -0.54          Missed
 Jun. 30 2022      0.63           0.66           Beat
 Mar. 31 2022      0.84           1.02           Beat