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HERNDON, Va.--(BUSINESS WIRE)--Strategic Education, Inc. (Strategic Education) (NASDAQ: STRA) today announced that it will host a conference call to discuss its third quarter results on Thursday, November 7, 2024 at 10:00 a.m. ET. A news release outlining the results will be issued before the market opens the same day. This call will be available via webcast. To access the live webcast of the conference call on November 7, please go to www.strategiceducation.com in the Investor Relations sectio.
Strategic Education, Inc. (NASDAQ:STRA ) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Terese Wilke - Director of IR Robert Silberman - Chairman Karl McDonnell - President and CEO Daniel Jackson - EVP and CFO Conference Call Participants Jeffrey Silber - BMO Capital Markets Jasper Bibb - Truist Securities Emily Marzo - BofA Operator Welcome to Strategic Education Second Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode.
Strategic Education's (STRA) second-quarter 2024 results reflect impressive enrollment growth under its USHE and Education Technology Services segments. Yet, lower margins at ANZ ails.
Although the revenue and EPS for Strategic Education (STRA) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Strategic Education (STRA) came out with quarterly earnings of $1.33 per share, beating the Zacks Consensus Estimate of $1.20 per share. This compares to earnings of $0.82 per share a year ago.
Strategic Education, Inc. STRA has gained 18.5% in the year-to-date period, outperforming the Zacks Schools industry's 3.3% growth. The company's stock also seemed to have fared better than some of the well-known players in the industry including Stride, Inc. LRN, Adtalem Global Education Inc. ATGE, and Grand Canyon Education, Inc. LOPE, whose shares gained 15.8%, 15.3%, and 8.4%, respectively, in the same time frame.
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Here is how Strategic Education (STRA) and iPower Inc. (IPW) have performed compared to their sector so far this year.
Strategic Education (STRA) benefits from robust enrollment growth trends across its USHE and ANZ segments along with its diversified product portfolio.
Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are ADMA, NTIC, AGS, MBIN, STRA.