Strayer Education Reports Profit In Q4 - Quick Facts

(RTTNews) - Strayer Education Inc. (STRA) reported fourth-quarter net income of $12.94 million or $1.21 per share, compared to a loss of $18.96 million or $1.80 per share, prior year. The company noted that its prior year quarter net loss included approximately $33.0 million in after tax charges related to the restructuring.

On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $1.29 for the quarter. Analysts' estimates typically exclude special items.

Revenues decreased to $116.07 million from $124.08 million last year. Analysts expected revenue of $113.97 million for the quarter.