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STRABullishEarningsnews
Materiality pending

Strategic Education (STRA) Shares Up on Earnings & Revenue Beat

Apr 26, 2024, 1:20 PM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- SEI reported strong Q1 2024 earnings and revenue growth, exceeding Zacks' estimates. - Total enrollment increased 8.8% to 107,928 students, with solid performance in all segments. - Adjusted earnings per share were $1.11, 85% higher than Zacks' estimate and 366% higher YoY. - Price Impact Rating: Bullish - Impact Horizon Rating: Short-term - Type: Earnings

  • SEI reported strong Q1 2024 earnings and revenue growth, exceeding Zacks' estimates.
  • Total enrollment increased 8.8% to 107,928 students, with solid performance in all segments.
  • Adjusted earnings per share were $1.11, 85% higher than Zacks' estimate and 366% higher YoY.

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