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Strategic Education Q3 Earnings & Revenues Beat, EBITDA Up Y/Y
ZACKS· 2024-11-08 18:26
Strategic Education, Inc., or SEI (STRA) , reported impressive results for third-quarter 2024. Its quarterly earnings and revenues topped the Zacks Consensus Estimate and increased year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Shares of this education services holding company gained 2.2% on Thursday.The company witnessed strong employer affiliated enrollment in the U.S. Higher Education (USHE) segment, strong growth from Sophia subscriptions in the Education Technol ...
Strategic Education(STRA) - 2024 Q3 - Quarterly Report
2024-11-07 21:07
Table of Contents SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 For the transition period from to Commission File No. 0-21039 Strategic Education, Inc. (Exact name of registrant as specified in this charter) Maryland 52-1975978 | --- | --- | - ...
Compared to Estimates, Strategic Education (STRA) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-11-07 15:35
For the quarter ended September 2024, Strategic Education (STRA) reported revenue of $305.96 million, up 7% over the same period last year. EPS came in at $1.16, compared to $0.97 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $298.69 million, representing a surprise of +2.43%. The company delivered an EPS surprise of +43.21%, with the consensus EPS estimate being $0.81. While investors scrutinize revenue and earnings changes year-over-year and how they compare wit ...
Strategic Education (STRA) Beats Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-07 13:50
Strategic Education (STRA) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 43.21%. A quarter ago, it was expected that this for-profit education company would post earnings of $1.20 per share when it actually produced earnings of $1.33, delivering a surprise of 10.83%.Over the last fo ...
Strategic Education(STRA) - 2024 Q3 - Quarterly Results
2024-11-07 11:40
Exhibit 99.1 STRATEGIC EDUCATION, INC. REPORTS THIRD QUARTER 2024 RESULTS HERNDON, Va., November 7, 2024 ― Strategic Education, Inc. (Strategic Education) (NASDAQ: STRA) today announced financial results for the period ended September 30, 2024. "Our third quarter results reflect continued growth across our business, including strong employer affiliated enrollment in the U.S. Higher Education segment; strong growth from Sophia subscriptions in the Education Technology Services segment; and another quarter of ...
Strategic Education(STRA) - 2024 Q2 - Quarterly Report
2024-07-31 20:06
Table of Contents | --- | --- | |----------------------------------------------------------------------------|------------------------------------------| | Maryland | 52-1975978 | | (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification No.) | SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 or ☐ Transi ...
Strategic Education(STRA) - 2024 Q2 - Earnings Call Transcript
2024-07-31 18:30
Strategic Education, Inc. (NASDAQ:STRA) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Terese Wilke - Director of IR Robert Silberman - Chairman Karl McDonnell - President and CEO Daniel Jackson - EVP and CFO Conference Call Participants Jeffrey Silber - BMO Capital Markets Jasper Bibb - Truist Securities Emily Marzo - BofA Operator Welcome to Strategic Education Second Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode. After the ...
Strategic Education (STRA) Q2 Earnings & Revenues Beat Estimates
ZACKS· 2024-07-31 18:06
Strategic Education, Inc. (STRA) , or SEI, reported stellar results in second-quarter 2024. Its quarterly earnings and revenues topped the Zacks Consensus Estimate and increased year over year. The quarterly results reflect solid growth across the company's three reportable segments, attributable to continued enrollment growth in the U.S. Higher Education ("USHE") segment, especially employer-affiliated enrollments, and total enrollment improvement in the Australia/New Zealand (ANZ) segment. Moreover, the E ...
Strategic Education (STRA) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2024-07-31 12:41
Strategic Education (STRA) came out with quarterly earnings of $1.33 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $0.82 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10.83%. A quarter ago, it was expected that this forprofit education company would post earnings of $0.60 per share when it actually produced earnings of $1.11, delivering a surprise of 85%. Over the last four ...
Strategic Education(STRA) - 2024 Q2 - Quarterly Results
2024-07-31 10:35
Exhibit 99.1 "We are pleased with strong second quarter results as our organization remains focused on promoting economic mobility for working adults," said Karl McDonnell, Chief Executive Officer of Strategic Education. "The U.S. Higher Education segment continued to see strength driven by employer affiliated enrollment; the Education Technology Services segment delivered another quarter of strong growth, including from Sophia subscriptions; and the Australia/New Zealand segment posted another quarter of t ...