Strayer Education (STRA) Tops Q1 EPS by 14c; New Enrollments Fell 7%

Strayer Education (NASDAQ: STRA) reported Q1 EPS of $1.16, $0.14 better than the analyst estimate of $1.02. Revenue for the quarter came in at $111.2 million versus the consensus estimate of $111.65 million.

Total enrollments at Strayer University for the spring term 2016 increased to 41,029 students, from 40,875 students for the spring term 2015. New student enrollments decreased by 7%, and continuing student enrollments increased by 2%.

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

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