Stride Q4 revenue, adjusted EPS beats estimates
LRN•Segment performance
- General Education revenue fell 9.7% year over year, contributing to the overall revenue decline.
- Career Learning revenue rose 8.0% year over year, led by 11.1% growth in the Middle-High School segment.
- Adult Learning revenue fell 31.1% year over year, offsetting gains in other segments.
Outlook and capital returns
Stride did not provide specific guidance for the current quarter or full year.
The company also said it repurchased about $100 million in stock during the quarter.
Analyst coverage and valuation
The current average analyst rating on the shares is "buy", with 3 "strong buy" or "buy" ratings, 2 "hold" ratings and no "sell" or "strong sell" ratings.
The average consensus recommendation for the miscellaneous educational service providers peer group is . Wall Street's median 12-month price target for Stride Inc is , about above its August 3 closing price of .
