Stride Q4 EPS $1.01 Beats $0.86 Estimate, Sales $483.50M Beat $465.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stride Inc. (NYSE:LRN) reported Q4 earnings of $1.01 per share, beating the analyst consensus estimate of $0.86 by 17.44%. This is a 53.03% increase from the same period last year. The company also reported quarterly sales of $483.50 million, beating the analyst consensus estimate of $465.00 million by 3.98%, a 6.21% increase from the same period last year.
August 15, 2023 | 8:16 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Stride Inc.'s Q4 earnings and sales beat analyst estimates, showing significant YoY growth. This positive financial performance could potentially boost investor confidence and positively impact the stock price in the short term.
Stride Inc. reported better-than-expected Q4 earnings and sales, which is typically a positive signal to investors and can lead to an increase in the stock price. The significant YoY growth in both earnings and sales further strengthens this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100