Strayer Education, Inc. (STRA) Tops Q1 EPS Views; Guides Q2 EPS Above

May 2, 2013 6:45 AM EDT
Strayer Education, Inc. (NASDAQ: STRA) reported Q1 EPS of $2.09, $0.63 better than the analyst estimate of $1.46. Revenue for the quarter came in at $137.5 million versus the consensus estimate of $139.77 million.

Total enrollments at Strayer University for the 2013 spring term decreased 9% to 46,130 students compared to 50,896 students for the same term in 2012. Across the Strayer University campus and online system, continuing student enrollments decreased 8%, while new student enrollments decreased 14%.

Strayer Education, Inc. sees Q2 2013 EPS of $1.37-$1.39, versus the consensus of $1.36.

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

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