Strategic Education: Fourth Quarter Financial Overview

Strategic Education, Inc. Announces Fourth-Quarter Financial Results

Strategic Education, Inc., headquartered in Herndon, Virginia, revealed its financial performance for the fourth quarter on Thursday, reporting a net income of $37.9 million.

The company achieved earnings of $1.66 per share, with adjusted earnings—excluding certain one-time items—reaching $1.74 per share.

These results surpassed analysts’ expectations, as the consensus from three analysts polled by Zacks Investment Research had projected earnings of $1.47 per share.

During the quarter, the for-profit education provider generated $323.2 million in revenue, slightly exceeding the $323.1 million anticipated by analysts surveyed by Zacks.

For the full year, Strategic Education, Inc. reported a total profit of $126.6 million, or $5.41 per share, with annual revenue amounting to $1.27 billion.