Strayer Education Inc Bottom Line Climbs 32% In Q2

(RTTNews) - Strayer Education Inc (STRA) revealed earnings for its second quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $10.30 million, or $0.92 per share. This was higher than $7.79 million, or $0.72 per share, in last year's second quarter.

Analysts had expected the company to earn $0.87 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.9% to $112.72 million. This was up from $108.49 million last year.

Strayer Education Inc earnings at a glance:

-Earnings (Q2): $10.30 Mln. vs. $7.79 Mln. last year. -Earnings Growth (Y-o-Y): 32.2% -EPS (Q2): $0.92 vs. $0.72 last year. -EPS Growth (Y-o-Y): 27.8% -Analysts Estimate: $0.87 -Revenue (Q2): $112.72 Mln vs. $108.49 Mln last year. -Revenue Change (Y-o-Y): 3.9%