Strayer Education (STRA) Tops Q4 EPS by 6c; Plans New BS in Nursing Degree Program

Strayer Education (NASDAQ: STRA) reported Q4 EPS of $1.32, $0.06 better than the analyst estimate of $1.26. Revenue for the quarter came in at $116.1 million versus the consensus estimate of $113.83 million.

Student Enrollment

Total enrollments at Strayer University for the 2015 winter term decreased 1% to 40,728 students compared to 41,098 students for the winter term in 2014. Across the Strayer University campus and online system, continuing student enrollments decreased by 1%, and new student enrollments were essentially flat with the prior year.

New Program

The Company announced today that Strayer University plans to offer a new program for registered nurses to earn a Bachelor of Science in Nursing degree beginning in the Fall 2015 academic term.

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

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