When did Strategic Education, Inc. report Q1 2024 earnings?

Strategic Education, Inc. (STRA) reported Q1 2024 earnings on April 25, 2024 before market open.

What were Strategic Education, Inc.'s Q1 2024 revenue and EPS?

Strategic Education, Inc. reported revenue of $290.3M and eps of $1.11 for Q1 2024.

Did Strategic Education, Inc. beat estimates in Q1 2024?

Revenue beat the consensus estimate of $273.6M by $16.6M. EPS beat the consensus estimate of $0.59 by $0.52.

Where can I find Strategic Education, Inc.'s Q1 2024 SEC filings?

You can read the 10-Q periodic report (0001013934-24-000007) directly on SEC EDGAR. The filing index links above go to sec.gov.

Strategic Education, Inc. STRA Q1 2024 earnings

Reported April 25, 2024 · Before market open

Revenue$290.3MBeat by $16.6M

EPS$1.11Beat by $0.52

Revenue estimate$273.6M

EPS estimate$0.59

Next report

Date not yet announced

Financials

Q1 2024

Income statement

See full

Revenue$290.3M+13.1%

Operating income$41.4M+3,166%

Net income$29.7M+1,565%

EPS (diluted)$1.23+1,467%

Balance sheet

See full

Cash & equivalents$237.8M+8.7%

Total debt$200.9M-21.7%

Total equity$1.6B+2.0%

Total assets$2.2B-0.5%

Cash flow

See full

Operating cash flow$77.6M+120%

CapEx$9.2M+11.1%

Free cash flow$68.4M+154%

Valuation & ratios

Valuation

as of 03/31/24

See full

Market cap$2.44B+15.6%

Enterprise value$2.4B+11.9%

P/E24×-32.0×

P/S2.1×+0.1×

Profitability

See full

Operating margin11.8%+6.6pp

Net margin8.7%+5.2pp

FCF margin10.8%—

Returns & leverage

See full

Return on equity6.2%+4.0pp

Debt / equity0.1×0.0×

Current ratio1.5×0.0×

Versus estimates

Revenue

Q2 2026$337.3MBeat by $9.7M Q1 2026$305.9MMiss by $3.8M Q4 2025$323.2MBeat by $920.0K Q3 2025$319.9MMiss by $2.3M Q2 2025$321.5MBeat by $6.1M Q1 2025$303.6MMiss by $19.3M

Diluted EPS

Q2 2026$1.76Miss by $0.04 Q1 2026$1.42Miss by $0.09 Q4 2025$1.74Beat by $0.33 Q3 2025$1.63Beat by $0.33 Q2 2025$1.52Beat by $0.10 Q1 2025$1.30Beat by $0.29

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Questions, answered.

When did Strategic Education, Inc. report Q1 2024 earnings?: Strategic Education, Inc. (STRA) reported Q1 2024 earnings on April 25, 2024 before market open.
What were Strategic Education, Inc.'s Q1 2024 revenue and EPS?: Strategic Education, Inc. reported revenue of $290.3M and eps of $1.11 for Q1 2024.
Did Strategic Education, Inc. beat estimates in Q1 2024?: Revenue beat the consensus estimate of $273.6M by $16.6M. EPS beat the consensus estimate of $0.59 by $0.52.
Where can I find Strategic Education, Inc.'s Q1 2024 SEC filings?: You can read the 10-Q periodic report (0001013934-24-000007) directly on SEC EDGAR. The filing index links above go to sec.gov.