Strayer Education Inc Earnings Advance 9% In Q1

(RTTNews) - Strayer Education Inc (STRA) announced a profit for its first quarter that increased compared to the same period last year.

The company said its bottom line totaled $12.42 million, or $1.15 per share. This was up from $11.38 million, or $1.06 per share, in last year's first quarter.

Analysts had expected the company to earn $1.02 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.6% to $111.17 million. This was down from $111.88 million last year.

Strayer Education Inc earnings at a glance:

-Earnings (Q1): $12.42 Mln. vs. $11.38 Mln. last year. -Earnings Growth (Y-o-Y): 9.1% -EPS (Q1): $1.15 vs. $1.06 last year. -EPS Growth (Y-o-Y): 8.5% -Analysts Estimate: $1.02 -Revenue (Q1): $111.17 Mln vs. $111.88 Mln last year. -Revenue Change (Y-o-Y): -0.6%