Strategic Education Q2 Adj. EPS $0.82 Beats $0.69 Estimate, Sales $273.56M Miss $282.39M Estimate
Portfolio Pulse from Benzinga Newsdesk
Strategic Education (NASDAQ:STRA) reported Q2 adjusted earnings of $0.82 per share, beating the analyst consensus estimate of $0.69 by 18.84%. However, the company's quarterly sales of $273.56 million missed the analyst consensus estimate of $282.39 million by 3.13%. The earnings represent a 5.75% decrease from the same period last year.
July 27, 2023 | 10:33 am
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Strategic Education's Q2 earnings beat estimates but sales missed. This mixed result could lead to uncertainty in the market.
While the company beat earnings estimates, the miss on sales could lead to uncertainty among investors. This could potentially lead to short-term volatility in the stock price.
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