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

Stride

25/10/2022 23:30

* Stride Inc  LRN.N  reported a quarterly adjusted loss
of 54
cents​​ per share for the quarter ended in September. The mean
expectation of five analysts for the quarter was for a loss
of 13 cents per share.
    * Revenue rose 6.2% to $425.15 million from a year ago;
analysts
expected $420.11 million. 
    * Stride Inc's reported EPS for the quarter was a loss of 54
cents​.
    * The mean earnings estimate of analysts had fallen by
about 106.2% in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Stride Inc shares had risen by 10.2% this quarter and
gained 39.0% so far this year.
    * The company reported a quarterly loss of $22.67 million.
    * Wall Street's median 12-month price target for Stride Inc
is
$51.00 
    * 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 October
25 at 10:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.13          -0.54          Missed
 Jun. 30 2022      0.63           0.66           Beat
 Mar. 31 2022      0.84           1.02           Beat
 Dec. 31 2021      0.77           1.00           Beat