NASDAQ$STRA
Strategic Education Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Strategic Education's financial performance increased as revenue and net income rose compared to the same period last year.
Strategic Education reported a 4.4% increase in revenue, reaching $255.8 million, and net income increased to $34.2 million for the second quarter of 2020. The company is managing the impact of the COVID-19 pandemic by providing financial relief to students and employer partners and has maintained a solid financial foundation.
- Revenue increased by 4.4% to $255.8 million.
- Income from operations was $46.4 million, representing 18.1% of revenue.
- Net income was $34.2 million, compared to $24.4 million in the same period of 2019.
- Diluted earnings per share increased to $1.55 from $1.10 for the same period in 2019.
Headline financials
Revenue & EPS history
Strategic Education · Revenue · Quarterly
$256M
Revenue by segment
Strategic Education · $223M total across 2 segments · Q3 2023
- U.S. Higher Education$202M+8.8%90.6%
- Education Technology Services$20.8M+26.7%9.4%
Forward guidance
The Company is continuing to provide financial relief to students and employer partners as they experience the negative impact of the pandemic. These measures, which include payment flexibility, scholarship opportunities, and other pricing relief, are likely to result in a full-year revenue-per-student decline of approximately one percent.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+0.7%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+2.6%
Avg return
30 days after
54%
37 / 68 earnings
Positive
+38.1%
Q4 2013
Best reaction
-23.2%
Q3 2013
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -13.7% | -7.0% | -6.1% | |
| Q4 2025 | +4.8% | +4.1% | +3.9% | |
| Q3 2025 | +0.9% | +7.4% | +7.2% | |
| Q1 2025 | -0.2% | +2.5% | +9.1% | |
| Q4 2024 | -18.5% | -16.9% | -12.5% | |
| Q3 2024 | +3.6% | +1.6% | +1.8% | |
| Q2 2024 | -19.8% | -22.0% | -20.1% | |
| Q1 2024 | +20.3% | +14.1% | +14.1% | |
| Q4 2023 | +14.3% | +11.2% | +9.5% | |
| Q3 2023 | +5.1% | +6.5% | +8.4% | |
| Q2 2023 | +7.7% | +7.6% | +12.3% | |
| Q1 2023 | -4.8% | -10.6% | -14.1% | |
| Q4 2022 | -8.4% | -7.4% | -7.0% | |
| Q3 2022 | +11.9% | +17.1% | +20.5% | |
| Q2 2022 | +4.8% | +3.1% | -3.2% | |
| Q1 2022 | -7.6% | -7.2% | -4.2% | |
| Q4 2021 | +17.9% | +20.8% | +34.8% | |
| Q3 2021 | -8.2% | -11.9% | -23.0% | |
| Q2 2021 | +11.1% | +9.3% | +6.4% | |
| Q1 2021 | -9.3% | -6.3% | -14.4% | |
| Q4 2020 | -4.4% | -12.6% | +2.9% | |
| Q3 2020 | -12.5% | -10.0% | -6.8% | |
| Q2 2020 | -17.9% | -26.4% | -36.6% | |
| Q1 2020 | +6.1% | -0.5% | +13.0% | |
| Q4 2019 | +2.0% | +6.2% | -13.6% | |
| Q3 2019 | +9.7% | +13.3% | +19.4% | |
| Q2 2019 | -2.8% | -8.1% | -7.0% | |
| Q1 2019 | +13.4% | +16.5% | +22.8% | |
| Q4 2018 | +8.7% | +6.5% | +0.4% | |
| Q3 2018 | +4.5% | +6.2% | -10.9% | |
| Q2 2018 | +7.3% | +4.5% | +17.8% | |
| Q1 2018 | +3.6% | +0.9% | +5.6% | |
| Q4 2017 | +0.0% | +8.4% | +12.7% | |
| Q3 2017 | +2.2% | +2.4% | +7.5% | |
| Q2 2017 | -12.0% | -12.4% | -11.6% | |
| Q1 2017 | +5.0% | +5.5% | +2.8% | |
| Q4 2016 | -3.6% | -6.1% | -1.8% | |
| Q3 2016 | +23.8% | +24.6% | +58.4% | |
| Q2 2016 | -8.1% | -5.9% | +1.6% | |
| Q1 2016 | -8.7% | — | — | |
| Q4 2015 | -16.7% | — | — | |
| Q3 2015 | -8.9% | — | — | |
| Q2 2015 | +33.7% | — | — | |
| Q1 2015 | -2.1% | — | — | |
| Q4 2014 | -10.4% | — | — | |
| Q3 2014 | +9.8% | — | — | |
| Q2 2014 | +9.3% | — | — | |
| Q1 2014 | +20.7% | — | — | |
| Q4 2013 | +38.1% | — | — | |
| Q3 2013 | -23.2% | — | — | |
| Q2 2013 | -10.5% | — | — | |
| Q1 2013 | -6.0% | — | — | |
| Q4 2012 | -18.8% | — | — | |
| Q3 2012 | -17.2% | — | — | |
| Q2 2012 | -0.5% | — | — | |
| Q1 2012 | -0.2% | — | — | |
| Q4 2010 | +0.9% | — | — | |
| Q4 2011 | +0.9% | — | — | |
| Q3 2011 | +1.2% | — | — | |
| Q2 2011 | -3.9% | — | — | |
| Q1 2010 | -1.6% | — | — | |
| Q1 2011 | +0.9% | — | — | |
| Q4 2008 | -0.9% | — | — | |
| Q3 2010 | +9.1% | — | — | |
| Q3 2009 | +9.1% | — | — | |
| Q2 2009 | +1.8% | — | — | |
| Q4 2009 | +1.8% | — | — | |
| Q2 2010 | +1.8% | — | — |
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