Benzinga | Nov 4, 2021 06:52AM EDT

Strategic Education Q3 Adj. EPS $0.59 Misses $0.83 Estimate, Sales $270.10M Miss $283.64M Estimate

Strategic Education (NASDAQ:STRA) reported quarterly earnings of $0.59 per share which missed the analyst consensus estimate of $0.83 by 28.92 percent. This is a 50 percent decrease over earnings of $1.18 per share from the same period last year. The company reported quarterly sales of $270.10 million which missed the analyst consensus estimate of $283.64 million by 4.77 percent. This is a 13.00 percent increase over sales of $239.03 million the same period last year.