Strategic Education, Inc. (NASDAQ:STRA) is set to announce second quarter earning results on Wednesday 29th July 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, STRA to report 2Q20 income of $ 1.69 per share.
For the full year, analysts anticipate top line of $ 1026.59 million, while looking forward to income of $ 7.44 per share bottom line.
Previous Quarter Performance
Strategic Education, Inc. disclosed income for the first quarter of $ 2.11 per share, from the revenue of $ 265.30 million. The quarterly earnings surged 27.11 percent while revenues improved 10.20 percent compared with the same quarter last year.
Wall street analysts are predicting, STRA to report 1Q20 income of $ 1.99 per share from revenue of $ 260.80 million. The bottom line results beat street analysts by $ 0.12 or 6.03 percent, at the same time, top line results outshined analysts by $ 4.50 million or 1.73 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of STRA was $ 163.66, representing a 50.28 % increase from the 52 week low of $ 108.90 and a 13.24 % decrease over the 52 week high of $ 188.64.
The company has a market capital of $ 3.64 billion and is part of the Consumer Defensive sector and Education & Training Services industry.
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Recent Stock Dividend Announcement
On April 29, 2020, the board of directors authorized quarterly dividend of $ 0.60 per share to holders of record as of the close of business on June 1, 2020, with payment date of June 8, 2020 and ex-dividend date on May 29, 2020.
Conference Call
Strategic Education, Inc. will be hosting a conference call at 10:00 AM eastern time on 29th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.strategiceducation.com
Strategic Education, Inc., through its subsidiaries, provides a range of post-secondary education and non-degree programs in the United States. The company operates through three segments: Strayer University, Capella University, and Non-Degree Programs. It operates Strayer University that provides undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, public administration, and criminal justice for working adult students through its 74 physical campuses located in the eastern United States, as well as through online; and an executive MBA online through its Jack Welch Management Institute.
