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Strategic Education Inc (STRA)
NASDAQ:STRA
Earnings Data
Report Date
Apr 24, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.96Last Year’s EPS
1.11Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -15.28%
|Next Earnings Date:Apr 24, 2025
Earnings Call Sentiment|Positive
Strategic Education reported strong financial performance in 2024 with significant growth in revenue, operating income, and enrollment across various segments. However, challenges such as the fourth-quarter revenue decline in US higher education and regulatory uncertainties in Australia present potential obstacles. Overall, the company's achievements in expanding partnerships and technological services underpin a positive outlook.Company Guidance
During Strategic Education's Fourth Quarter 2024 Results Conference Call, the company reported robust financial performance, with full year revenue growing by 8% and operating income increasing by 26%, which resulted in an operating margin expansion of nearly 200 basis points. Adjusted earnings per share rose by 31% to $4.87. The US higher education segment saw a 6% increase in average total enrollment, while employer-affiliated enrollment grew by 16%. In Australia and New Zealand, enrollment increased by 5%, with revenue up 11% on a constant currency basis. The education technology services segment achieved record revenue growth of over 30%, with Sophia Learning's subscribers and revenue up by 35%. Workforce Edge expanded its corporate partners to 76, employing over 3.8 billion employees, and launched its largest-ever employer partner. The company generated $217 million in pretax cash from operations and returned $75 million to owners through dividends and share repurchases, ending the year with nearly $200 million in cash and marketable securities.Strong Financial Performance
For the full year 2024, Strategic Education's revenue increased 8%, operating income increased 26%, and adjusted earnings per share grew 31% to $4.87.
US Higher Education Segment Growth
Average total enrollment grew by 6% for the year, with employer-affiliated enrollment increasing by 16%. Operating income for US higher education grew by almost 30%.
Australia and New Zealand Segment Success
Enrollment increased by 5%, and revenue grew 11% on a constant currency basis, driven by higher student enrollment and a small tuition increase.
Record Year for Education Technology Services
The segment grew revenue by more than 30% to over $100 million, and operating income increased by almost 50%. Sophia Learning grew subscribers and revenue by 35%.
Expansion of Corporate Partnerships
Workforce Edge added 11 corporate partners, totaling 76 partners with 3.8 billion employees. A major partnership was launched with Best Buy, converting it into an all-inclusive program.
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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 |
|---|---|---|---|
| Feb 27, 2025 | $97.23 | $79.22 | -18.52% |
| Nov 07, 2024 | $95.14 | $97.21 | +2.18% |
| Jul 31, 2024 | $118.48 | $103.35 | -12.77% |
| Apr 25, 2024 | $98.18 | $114.16 | +16.28% |
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 Inc (STRA) report earnings?
Strategic Education Inc (STRA) is schdueled to report earning on Apr 24, 2025, TBA Not Confirmed.
What is Strategic Education Inc (STRA) earnings time?
Strategic Education Inc (STRA) earnings time is at Apr 24, 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 2025 (Q1) is 0.96.
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