Strayer Education, Inc. (STRA) Tops Q2 EPS by 4c

Strayer Education, Inc. (NASDAQ: STRA) reported Q2 EPS of $1.42, $0.04 better than the analyst estimate of $1.38. Revenue for the quarter came in at $132 million versus the consensus estimate of $130.41 million.

Student Enrollment

Total enrollments at Strayer University for the 2013 summer term decreased 13% to 38,627 students compared to 44,236 students for the same term in 2012. Across the Strayer University campus and online system, continuing student enrollments decreased 12%, while new student enrollments decreased 17%.

Accreditation

The Company announced today that Strayer University’s business, management and accounting programs achieved accreditation by the Accreditation Council for Business Schools and Programs (ACBSP). In addition, the Company announced today that Strayer University’s Master of Education program achieved accreditation by the Teacher Education Accreditation Council (TEAC).

For earnings history and earnings-related data on Strayer Education, Inc. (STRA) click here.

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