Overview
Stride fiscal Q1 revenue rises 12.7% yr/yr, beating analyst expectations, per LSEG data
Adjusted EPS for fiscal Q1 beats consensus, reflecting operational improvements
Adjusted operating income for fiscal Q1 exceeds analyst estimates
Outlook
Company forecasts Q2 2026 revenue between $620 mln and $640 mln
Stride expects FY 2026 revenue between $2.480 bln and $2.555 bln
Company anticipates FY 2026 adjusted operating income of $475 mln to $500 mln
Result Drivers
CAREER LEARNING GROWTH - Co reports 20% increase in Career Learning enrollments, boosting revenue by 16.3%
GENERAL EDUCATION REVENUE - General Education revenue grew 10.2%, contributing to overall revenue increase
ADULT LEARNING DECLINE - Adult Learning revenue fell 28.6%, slightly offsetting overall revenue growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Revenue | Beat | $620.90 mln | $613.78 mln (4 Analysts) |
Q1 Adjusted EPS | Beat | $1.52 | $1.10 (5 Analysts) |
Q1 EPS | $1.40 | ||
Q1 Net Income | $68.80 mln | ||
Q1 Adjusted EBITDA | Beat | $108.40 mln | $102.09 mln (3 Analysts) |
Q1 Adjusted Operating Income | Beat | $81.10 mln | $66.64 mln (4 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the miscellaneous educational service providers peer group is "buy"
Wall Street's median 12-month price target for Stride Inc is $168.00, about 9.1% above its October 27 closing price of $152.64
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 20 three months ago
Press Release: ID:nGNX7nDMTr
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)