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

Stride

24/10/2023 23:15

* Stride Inc  LRN.N  reported quarterly adjusted earnings of
11
cents​​ per share for the quarter ended in September. The mean
expectation of four analysts for the quarter was for a loss
of 35 cents per share.
    * Revenue rose 12.9% to $480.18 million from a year ago;
analysts
expected $451.15 million. 
    * Stride Inc's reported EPS for the quarter was 11 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
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 2.7% this quarter and
gained 40.1% so far this year.
    * The company reported quarterly net income of $4.88
million.
    * Wall Street's median 12-month price target for Stride Inc
is
$51.00 
    * 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
October 24 at 10:15 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.35          0.11           Beat
 Jun. 30 2023      0.87           1.01           Beat
 Mar. 31 2023      1.07           1.30           Beat
 Dec. 31 2022      1.04           1.19           Beat