Stride Inc LRN.N, LRN is expected to show a rise in quarterly revenue when it reports results on January 28 for the period ending December 31 2024
The Reston Virginia-based company is expected to report a 12.8% increase in revenue to $569.25 million from $504.87 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on October 22 2024, for the period ended December 31, was for revenue between $560.00 million and $580.00 million.
LSEG's mean analyst estimate for Stride Inc is for earnings of $1.95 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Stride Inc is $104.50, below its last closing price of $119.05.
The company's guidance on October 22 2024 for the period ended December 31 was for Earnings before Interest and Taxes between USD115 million and USD125 million.The company's guidance on October 22 2024 for the period ended December 31 was for Capital Expenditures between USD13 million and USD15 million.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.21 | 0.22 | 0.94 | Beat | 335.9 |
Jun. 30 2024 | 1.29 | 1.27 | 1.42 | Beat | 11.7 |
Mar. 31 2024 | 1.44 | 1.43 | 1.60 | Beat | 12.1 |
Dec. 31 2023 | 1.32 | 1.31 | 1.54 | Beat | 17.6 |
Sep. 30 2023 | -0.42 | -0.35 | 0.11 | Beat | 131.6 |
Jun. 30 2023 | 0.88 | 0.87 | 1.01 | Beat | 16.1 |
Mar. 31 2023 | 1.07 | 1.07 | 1.30 | Beat | 21.8 |
Dec. 31 2022 | 1.04 | 1.04 | 1.19 | Beat | 14.6 |
This summary was machine generated January 24 at 21:02 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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