Strategic Education (STRA) Misses Q4 EPS by 9c

Strategic Education (NASDAQ: STRA) reported Q4 EPS of $1.39, $0.09 worse than the analyst estimate of $1.48. Revenue for the quarter came in at $267.5 million versus the consensus estimate of $267.74 million.

“We are encouraged by the organization’s ability to adapt to the challenges presented by the COVID-19 pandemic over the past year,” said Karl McDonnell, Chief Executive Officer of Strategic Education. “As we enter 2021, we remain focused on providing the highest level of academic quality for our students. Our financial strength provides a solid foundation as we work to successfully integrate the Australia/New Zealand assets into the organization, focus on areas of existing strength in our core business, and invest in opportunities including employer initiatives, Sophia Learning, and digital enablement partnerships.”

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

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