Strayer Education Earnings: Here’s Why Shares are Down Now

Strayer Education Inc. (NASDAQ:STRA) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 7.48%.

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Strayer Education Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 23.92% to $1.59 in the quarter versus EPS of $2.09 in the year-earlier quarter.

Revenue: Decreased 8.05% to $137.5 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Strayer Education Inc. reported adjusted EPS income of $1.59 per share. By that measure, the company beat the mean analyst estimate of $1.46. It missed the average revenue estimate of $139.77 million.

Quoting Management: There was no comment from the management.

Key Stats (on next page)…

Revenue decreased 3.12% from $141.93 million in the previous quarter. EPS increased 8.16% from $1.47 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.6 to a profit $1.36. For the current year, the average estimate has moved down from a profit of $5.1 to a profit of $4.29 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)