Strayer Education (STRA) Misses Q2 EPS by 15c, Miss on Revenues

July 26, 2017 6:31 AM EDT

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Strayer Education (NASDAQ: STRA) reported Q2 EPS of $0.72, $0.15 worse than the analyst estimate of $0.87. Revenue for the quarter came in at $112.7 million versus the consensus estimate of $113.68 million.

Q3 Enrollment Outlook

Total enrollments at Strayer University for the third quarter 2017 are anticipated to grow 7% to approximately 41,600 students from 38,813 students for the same period in 2016. New student enrollments are expected to increase approximately 7%, while continuing student enrollments are expected to increase approximately 8%. Revenue per student for the third quarter is expected to decrease between 1% and 2%.

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

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