Stride Q2 EPS $1.54 Beats $1.19 Last Year, Sales $504.87M Beat $500.85M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stride Inc. (LRN) reported a significant increase in Q2 earnings per share (EPS) at $1.54, up from $1.19 in the same quarter last year, and surpassed sales estimates with $504.87M against the expected $500.85M. This reflects a 10.13% increase in sales compared to the previous year.
January 23, 2024 | 9:17 pm
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POSITIVE IMPACT
Stride Inc. (LRN) reported a strong Q2 with EPS and sales exceeding expectations and showing significant year-over-year growth.
The positive earnings report, with both EPS and sales exceeding analyst expectations and showing year-over-year growth, is likely to instill investor confidence and could lead to a short-term increase in LRN's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100