Strategic Education Shares Slightly Lower Following Q3 Results

MT Newswires Live

2024-11-07

Strategic Education (STRA) shares were slightly lower in recent Thursday trading after the education services company posted Q3 results.

The company reported Q3 adjusted earnings of $1.16 per diluted share, up from $0.97 a year earlier.

Three analysts polled by Capital IQ expected $0.80.

Revenue for the quarter ended Sept. 30 was $306.0 million, up from $285.9 million a year earlier.

Three analysts surveyed by Capital IQ expected $301.5 million.

The company maintained its quarterly dividend of $0.60 per share, payable on Dec. 9 to shareholders of record on Dec. 2.

Price: 95.52, Change: -0.90, Percent Change: -0.93

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