Stride Q3 2024 GAAP EPS $1.60 Beats $1.42 Estimate, Sales $520.800M Beat $507.180M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stride Inc. (LRN) reported Q3 2024 earnings of $1.60 per share, surpassing the consensus estimate of $1.42. Quarterly sales reached $520.8M, exceeding estimates of $507.18M and marking a 10.74% increase from the previous year.
April 23, 2024 | 8:53 pm
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POSITIVE IMPACT
Stride Inc. (LRN) exceeded Q3 2024 earnings and sales estimates, with a significant year-over-year sales increase.
Exceeding both earnings and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The significant year-over-year sales growth further underscores the company's strong performance and may attract more investors.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100