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

Stride

25/04/2023 23:30

* Stride Inc  LRN.N  reported quarterly adjusted earnings of
$1.30​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
$1.07 per share.
    * Revenue rose 11.5% to $470.28 million from a year ago;
analysts
expected $456.43 million. 
    * Stride Inc's reported EPS for the quarter was $1.30​.
    * The mean earnings estimate of analysts had risen by
about 11% 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 fallen by 2.9% this quarter and
gained 21.8% so far this year.
    * The company reported quarterly net income of $55.46
million.
    * Wall Street's median 12-month price target for Stride Inc
is
$48.00 
    * 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
April 25 at 10:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.07           1.30           Beat
 Dec. 31 2022      1.04           1.19           Beat
 Sep. 30 2022      -0.13          -0.54          Missed
 Jun. 30 2022      0.63           0.66           Beat