Strayer Education, Inc. (STRA) Tops Q3 EPS by 4c; Issues Mixed Q4, FY12 EPS Outlook

November 9, 2012 6:36 AM EST
Strayer Education, Inc. (NASDAQ: STRA) reported Q3 EPS of $0.36, $0.04 better than the analyst estimate of $0.32. Revenue for the quarter came in at $124.3 million versus the consensus estimate of $123.45 million.

Enrollment at Strayer University for the 2012 fall term decreased 5% to 51,727 students compared to 54,233 students for the same term in 2011. Across the Strayer University campus and online system, new student enrollments increased 4%, while continuing student enrollments decreased 7%. Global online students increased 13%. Students taking 100% of their classes online (including campus based students) decreased 4%.

Strayer Education, Inc. sees Q4 2012 EPS of $1.43-1.45, versus the consensus of $0.89.

Strayer Education, Inc. sees FY2012 EPS of $5.73-5.75, versus the consensus of $6.90.

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

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