Stride Inc (NYSE:LRN) reported Q3 EPS of $1.02, $0.18 better than the analyst estimate of $0.84. Revenue for the quarter came in at $421.7 million versus the consensus estimate of $411.12 million.
GUIDANCE:
Stride Inc. sees FY2022 revenue of $1.645-1.66 billion, versus the consensus of $1.63 billion.
- Capital expenditures in the range of $65 million to $70 million. Note that capital expenditures include the purchase of property and equipment, capitalized software, and curriculum development costs as defined on our Statement of Cash Flows.
- Effective tax rate of 27% to 29%.
- Adjusted operating income in the range of $180 million to $185 million.
For earnings history and earnings-related data on Stride Inc. click here