Stride (NYSE:LRN) Announces Quarterly Earnings Results, Beats Estimates By $0.72 EPS

Stride (NYSE:LRN) announced its quarterly earnings results on Tuesday. The company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.72, Briefing.com reports. Stride had a return on equity of 19.12% and a net margin of 10.01%. The business had revenue of $551.08 million for the quarter, compared to analysts’ expectations of $504.29 million. During the same period in the previous year, the firm earned $0.11 EPS. The business’s quarterly revenue was up 14.8% on a year-over-year basis. Stride updated its FY 2025 guidance to EPS and its Q2 2025 guidance to EPS.

Stride Stock Performance

Shares of NYSE LRN traded down $0.87 during midday trading on Friday, hitting $91.46. 183,788 shares of the company’s stock traded hands, compared to its average volume of 828,544. The company has a debt-to-equity ratio of 0.38, a quick ratio of 4.95 and a current ratio of 5.10. The stock has a market capitalization of $3.96 billion, a price-to-earnings ratio of 21.66, a price-to-earnings-growth ratio of 0.74 and a beta of 0.26. The firm has a fifty day moving average of $79.51 and a 200 day moving average of $72.80. Stride has a 1 year low of $51.75 and a 1 year high of $92.75.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Barrington Research upped their price objective on shares of Stride from $90.00 to $100.00 and gave the company an “outperform” rating in a research note on Wednesday. Canaccord Genuity Group assumed coverage on Stride in a research report on Thursday, August 8th. They set a “buy” rating and a $94.00 price objective for the company. Canaccord Genuity Group boosted their target price on shares of Stride from $94.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday. StockNews.com cut shares of Stride from a “buy” rating to a “hold” rating in a research report on Wednesday. Finally, BMO Capital Markets upped their price objective on shares of Stride from $84.00 to $88.00 and gave the stock an “outperform” rating in a report on Thursday. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Stride currently has an average rating of “Moderate Buy” and a consensus price target of $89.50.

About Stride

Stride, Inc, a technology-based education service company, engages in the provision of proprietary and third-party online curriculum, software systems, and educational services in the United States and internationally. Its technology-based products and services enable clients to attract, enroll, educate, track progress, support, and facilitate individualized learning for students.