Strayer Education, Inc. (STRA) Reports In-Line Q1 EPS; Guides Q2 EPS

Strayer Education, Inc. (NASDAQ: STRA) reported Q1 EPS of $2.09, in-line with the analyst estimate of $2.09. Revenue for the quarter came in at $149.5 million versus the consensus estimate of $150.12 million.

Total enrollments at Strayer University for the 2012 spring term decreased 9% to 50,896 students compared to 55,974 students for the same term in 2011. Across the Strayer University campus and online system, new student enrollments increased 12%, while continuing student enrollments decreased 13%. Global online students decreased 6%. Students taking 100% of their classes online (including campus based students) also decreased 6%.

Sees Q2 2012 EPS of $1.84-$1.86, versus the consensus of $1.86.

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

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