Strayer Education (STRA) Tops Q1 EPS Views; New Enrollment Down 19%

April 28, 2011 6:40 AM EDT
Strayer Education Inc. (Nasdaq: STRA) reported Q1 EPS of $2.80, $0.13 better than the analyst estimate of $2.67. Revenue for the quarter came in at $172 million versus the consensus estimate of $172.29 million.

Across the Strayer University campus and online system, new student enrollments decreased 19%, while continuing student enrollments increased 4%.

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