NASDAQ$STRA
Strategic Education Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Revenue and enrollment grew across all segments, and profitability improved.
Strategic Education reported a strong third quarter with revenue increasing by 7.0% to $306.0 million. The company saw growth across all its segments, including U.S. Higher Education, Education Technology Services, and Australia/New Zealand. Diluted earnings per share increased to $1.15 from $0.77 in the same period last year.
- Revenue increased by 7.0% to $306.0 million compared to $285.9 million in the same period last year.
- U.S. Higher Education segment enrollment increased by 4.8% to 86,533.
- Education Technology Services segment revenue increased by 26.2% to $26.3 million.
- Australia/New Zealand segment revenue increased by 13.7% to $71.9 million.
Headline financials
Revenue & EPS history
Strategic Education · Revenue · Quarterly
$306M
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
This communication contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as “expect,” “estimate,” “assume,” “believe,” “anticipate,” “may,” “will,” “forecast,” “outlook,” “plan,” “project,” “potential” and other similar words, and include all statements that are not historical facts, including with respect to, among other things, the future financial performance and growth opportunities of Strategic Education; Strategic Education’s plans, strategies and prospects; and future events and expectations.
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 Q3 2024
+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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