Strayer Education's stock experienced a pre-market plunge of 5.52% following the release of its first-quarter 2026 financial results.
The decline was driven by the company's results falling short of analyst expectations. Strategic Education reported Q1 adjusted earnings per share of $1.41, missing the consensus estimate of $1.49. Revenue for the quarter was $305.9 million, also below the expected $309.67 million.
While the company's revenue and adjusted earnings showed year-over-year growth, the miss on both key financial metrics led to negative investor sentiment in pre-market trading.