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Strategic Education (STRA)
:STRA
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Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
1.24Last Year’s EPS
1.68Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 01, 2019
|% Change Since: 1.20%
|Next Earnings Date:Nov 08, 2018
Earnings Call Sentiment|Positive
The earnings call reflected a generally positive outlook with strong revenue and income growth across segments, successful debt reduction, and strategic investments in growth areas. However, some concerns were raised regarding slower enrollment growth and potential regulatory impacts in Australia.Company Guidance
During the Strategic Education's Q3 2024 earnings call, the company provided guidance reflecting robust business growth, with revenue rising by 6% to $304 million and operating income up by 13% to $37 million, resulting in an operating margin increase to 12.1%. The adjusted earnings per share were reported at $1.15, a 19% increase from last year. The U.S. Higher Education segment saw a 5% enrollment growth, with employer-affiliated enrollment surging by 13%, contributing to a 3% revenue increase and a 10% rise in operating income. Meanwhile, the Australia and New Zealand segment experienced a 5% enrollment growth, translating to an 11% revenue increase on a constant currency basis. The Education Technology Services segment reported a 26% revenue growth and a 30% increase in operating income, with Sophia Learning's revenue soaring by 35% and achieving a 49% operating margin. The company highlighted a successful debt pay-down and share repurchase activity, leaving $235 million in share repurchase authorization. Management expressed confidence in maintaining strong performance and focusing on student success to round off 2024.Revenue Growth
SEI's revenue grew 6% to $304 million, and operating income grew 13% to $37 million with an increased operating margin of 12.1%.
U.S. Higher Education Enrollment Growth
Total enrollment in U.S. higher education grew by 5%, with a 13% increase in employer-affiliated enrollment.
International Segment Success
Australia and New Zealand segment posted a 5% enrollment growth and 11% revenue growth on a constant currency basis.
Education Technology Services (ETS) Performance
ETS revenue grew by 26% and operating income by 30%. Sophia Learning's revenue increased by 35%, generating a 49% operating margin.
Debt Reduction and Share Repurchase
Paid down $60 million of outstanding debt and repurchased $5 million worth of shares, with $235 million share repurchase authorization remaining.
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STRA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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STRA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $95.83 | $97.91 | +2.17% |
| Jul 31, 2024 | $119.34 | $104.10 | -12.77% |
| Apr 25, 2024 | $98.89 | $114.99 | +16.28% |
| Feb 29, 2024 | $92.87 | $108.23 | +16.54% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Strategic Education (STRA) report earnings?
Strategic Education (STRA) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is Strategic Education (STRA) earnings time?
Strategic Education (STRA) earnings time is at Feb 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is STRA EPS forecast?
STRA EPS forecast for the fiscal quarter 2024 (Q4) is 1.24.
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