Strategic Education (STRA) Misses Q1 EPS by 3c, Revenues Miss

Strategic Education (NASDAQ: STRA) reported Q1 EPS of $1.53, $0.03 worse than the analyst estimate of $1.56. Revenue for the quarter came in at $265.3 million versus the consensus estimate of $298.42 million.

“We are pleased with the organization’s ongoing commitment to the success of our students and to our mission to enable economic mobility,” said Karl McDonnell, Chief Executive Officer of Strategic Education. “As we continue to navigate through the challenges presented by the COVID-19 pandemic, we are encouraged by continued strength in our Australia/New Zealand and Alternative Learning segments.”

For earnings history and earnings-related data on Strategic Education (STRA) click here.

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