HERNDON, Va. (AP) — HERNDON, Va. (AP) — Strategic Education, Inc. (STRA) on Thursday reported third-quarter earnings of $27.7 million.
On a per-share basis, the Herndon, Virginia-based company said it had profit of $1.15. Earnings, adjusted for one-time gains and costs, were $1.16 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share.
The for-profit education company posted revenue of $306 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $298.7 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STRA at https://www.zacks.com/ap/STRA
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