Strayer Education (STRA) Misses Q1 EPS by 1c; Total Enrollment Fell 1%
Strayer Education (NASDAQ: STRA) reported Q1 EPS of $1.05, $0.01 worse than the analyst estimate of $1.06. Revenue for the quarter came in at $116.5 million versus the consensus estimate of $110.11 million.
Total enrollments at Strayer University for the 2015 spring term decreased 1% to 40,875 students compared to 41,327 students for the spring term in 2014. Across the Strayer University campus and online system, new and continuing student enrollments decreased by 1%.
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