Strategic Education, Inc. Reports First Quarter 2019 Results; Strong Performance at Both Strayer University and Capella University; Merger Integration and Synergies on Track

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Go back to Strategic Education, Inc. Reports First Quarter 2019 Results; Strong Performance at Both Strayer University and Capella University; Merger Integration and Synergies on Track

Strategic Education (STRA) Tops Q1 EPS by 23c, Revenues Beat

May 1, 2019 6:38 AM EDT

Strategic Education (NASDAQ: STRA) reported Q1 EPS of $1.66, $0.23 better than the analyst estimate of $1.43. Revenue for the quarter came in at $246.5 million versus the consensus estimate of $240.74 million.

Karl McDonnell, Chief Executive Officer of SEI said, Our strong first quarter results provide us with a solid foundation to build on for the balance of 2019. We are moving into the tenth month since we closed our merger with Capella Education Company, and are very pleased with progress of the merger integration and the organizations continued ability... More