Strategic Education reports Q1 adjusted EPS 24c, consensus 22c

Reports Q1 revenue $256.6M, consensus $259.34M. "As we complete the first quarter, we are pleased with our progress toward enrollment, revenue, and earnings growth in 2023," said Karl McDonnell, CEO. "We are encouraged by the return to total enrollment growth within the U.S. Higher Education segment and strength within the Education Technology Services segment, and are optimistic about the Australia/New Zealand segment as conditions normalize."