NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Stride, Inc. (“Stride” or the “Company”) (NYSE: LRN) on behalf of Stride stockholders. Our investigation concerns whether Stride has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. The investigation focuses on whether the Company issued false and/or misleading ...

Stride, Inc. (LRN) is slated to release first-quarter fiscal 2025 results on Oct. 22, 2024, after market close. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. In the last quarter, the company's adjusted earnings and revenues topped the Zacks Consensus Estimate by 9.2% and 1.5%, respectively. The top and bottom lines grew 10.5% and 40.6%, respectively, year over year. Its earnings surpassed the consensus mark in each of the trailing four quarters, with an average surprise of 40.3%. ...

LOS ANGELES, Oct. 18, 2024 /PRNewswire -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Stride, Inc. ("Stride" or "the Company") (NYSE: LRN) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Stride is the subject of a report published by Fuzzy Panda Research on October 16, 2024. ...

SAN FRANCISCO, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Online education giant Stride, Inc. is facing mounting scrutiny over its financial disclosures after a bombshell report issued by an activist short seller raising serious questions regarding the company's reliance on federal COVID-19 pandemic stimulus funds to bolster its revenue, earnings, and growth prospects. Hagens Berman urges Stride, Inc. (NYSE: LRN) investors who suffered substantial losses to submit your losses now. Visit: www.hbsslaw.com/investor-fra ...

MERIDIAN, Idaho, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Idaho Virtual Academy (IDVA) has been recognized as a 2024 Cognia™ School of Distinction, a program which recognizes preK–12 education institutions that exemplify excellence in education and service to learners. Cognia selected IDVAas one ofthe 60 Schools and Systems of Distinction out of more than 1,900 institutions that were reviewed worldwide. Idaho Virtual Academy is an accredited, full-time online public school, serving students in kindergarten through ...

BOSTON, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Stride, Inc. (NYSE: LRN) for potential securities law violations. Investors who have lost money in their Stride, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/lrn. What is this all about? Shares of Stride fell 5% on October 16, 2024, after a report from Fuzzy Panda Research alleged that Stride has been inflating its earnings by m ...

RESTON, VA, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Stride, Inc. (NYSE: LRN) today issued the following statement in response to a October 16 write up by Fuzzy Panda Research ("Fuzzy Panda"). Fuzzy Panda is a self-proclaimed short seller who stands to realize significant gains if the price of Stride's stock price declines. Fuzzy Panda's claims are inaccurate and filled with innuendo in an attempt to mislead investors about Stride's actual performance, financial reporting, leadership and future growth opportunitie ...

LIVONIA, MI, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Joining forces to help tackle hypertension, a condition that impacts 120 million U.S. adults each year, MedCerts and the American Medical Association (AMA) today announced their collaborative efforts to improve blood pressure (BP) measurement skills and knowledge among more health care professionals. When blood pressure is measured incorrectly, it can lead to improper screening, diagnosis and care management of hypertension, ultimately impacting a patient's ove ...

RESTON, Va, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Stride Inc. (NYSE: LRN) announced today it plans to discuss its first quarter fiscal year 2025 financial results during a conference call scheduled for Tuesday, October 22, 2024 at 5:00 p.m. eastern time (ET). A live webcast of the call will be available at https://events.q4inc.com/attendee/118785460. To participate in the live call, investors and analysts should dial (800) 715-9871 (domestic) or +1 (646) 307-1963 (international) and provide the conference ID nu ...

Core Viewpoint - Stride, Inc. (LRN) has demonstrated strong stock performance, significantly outperforming its industry and sector peers, driven by enrollment strength and strategic initiatives aimed at achieving long-term financial targets by 2028 [1][2][17]. Group 1: Stock Performance - LRN stock has increased by 24.1% over the past three months, while the Zacks Schools industry declined by 2.7% [1] - The stock closed at $85.12, nearing its 52-week high of $86.06 [1] - LRN has outperformed other industry players such as Adtalem Global Education Inc. (ATGE) and PowerSchool Holdings, Inc. (PWSC) during the same period [4] Group 2: Growth Drivers - Continued enrollment strength and improved student retention are key factors positioning Stride to meet its 2028 financial targets [2][9] - The acquisition of MedCerts in 2020 has been pivotal in enhancing adult learning offerings, contributing to consistent growth in the Career Learning segment [6] - MedCerts recently launched a Certified Nursing Assistant (CNA) eLearning program, addressing healthcare staffing shortages and contributing to revenue growth [7] Group 3: Financial Targets and Projections - Stride aims for a total revenue compound annual growth rate (CAGR) of 10%, adjusted operating income CAGR of 20%, and earnings per share (EPS) CAGR of 20% by fiscal 2028 [8] - The Career Learning segment saw a year-over-year revenue increase of 6.4% to $750.9 million and enrollment growth of 10.3% to 72,700 students in fiscal 2024 [7] Group 4: Capital Allocation and Valuation - The company employs a disciplined capital allocation strategy focusing on organic growth, new product development, and mergers and acquisitions [10] - LRN is currently trading at a discount compared to industry peers based on a forward 12-month price-to-earnings (P/E) ratio, indicating potential for attractive entry points for investors [13] Group 5: Earnings Estimates - The Zacks Consensus Estimate for LRN's fiscal 2025 earnings has increased, indicating a growth of 7.7% year-over-year, with fiscal 2026 earnings expected to grow by 11.8% [15]