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Strayer Education (STRA) Tops Q3 EPS by 5c, Guides In-Line; Raises Dividend, Buyback

October 29, 2009 6:46 AM EDT
STRA Hot Sheet
EPS Growth %: -25.4%

Financial Fact:
Provision for income taxes: 15.66M

Today's EPS Names:
TARO, BRLI, TLB, More
Strayer Education Inc. (Nasdaq: STRA) reports Q3 earnings of $1.21 per share, 5 cents above the consensus of $1.16. Revenues came in at $114.4 million, versus the consensus of $113.3 million.

Strayer Education sees Q4 EPS of $2.28-$2.30 versus the consensus of $2.29. Sees FY10 EPS of $9.30-$9.50 versus the consensus of $9.34.

Strayer raised its annual dividend from $2.00 to $3.00.

Strayer raised its share repurchase authorization to $100 million.

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