Strategic Education Q2 2024 Adj. EPS $1.33 Beats $1.19 Estimate, Sales $312.266M Beat $308.155M Estimate
Portfolio Pulse from Benzinga Newsdesk
Strategic Education (NASDAQ:STRA) reported Q2 2024 earnings of $1.33 per share, beating the analyst estimate of $1.19. Sales were $312.266 million, surpassing the $308.155 million estimate. This represents a 62.2% increase in EPS and an 8.55% increase in sales year-over-year.

July 31, 2024 | 10:32 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Strategic Education (NASDAQ:STRA) reported Q2 2024 earnings of $1.33 per share, beating the analyst estimate of $1.19 by 11.76%. Sales were $312.266 million, surpassing the $308.155 million estimate. This represents a 62.2% increase in EPS and an 8.55% increase in sales year-over-year.
The significant beat on both EPS and sales estimates, along with strong year-over-year growth, is likely to positively impact STRA's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100