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

Stride

15/08/2023 22:01

* Stride Inc  LRN.N  reported quarterly adjusted earnings of
$1.01​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
87 cents per share.
    * Revenue rose 6.2% to $483.49 million from a year ago;
analysts
expected $460.70 million. 
    * Stride Inc's reported EPS for the quarter was $1.01​.
    * The mean earnings estimate of analysts was unchanged 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 4.4% this quarter and
gained 24.3% so far this year.
    * The company reported quarterly net income of $43.37
million.
    * Wall Street's median 12-month price target for Stride Inc
is
$50.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 15 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.87           1.01           Beat
 Mar. 31 2023      1.07           1.30           Beat
 Dec. 31 2022      1.04           1.19           Beat
 Sep. 30 2022      -0.13          -0.54          Missed