Stride's Earnings: A Preview

Stride (NYSE:LRN) will release its quarterly earnings report on Tuesday, 2024-10-22. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Stride to report an earnings per share (EPS) of $0.22.

The announcement from Stride is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Historical Earnings Performance

In the previous earnings release, the company beat EPS by $0.15, leading to a 9.26% increase in the share price the following trading session.

Here's a look at Stride's past performance and the resulting price change:

Quarter

Q4 2024

Q3 2024

Q2 2024

Q1 2024

EPS Estimate

1.27

1.43

1.31

-0.35

EPS Actual

1.42

1.60

1.54

0.11

Price Change %

9.0%

9.0%

-2.0%

18.0%

Stride Share Price Analysis

Shares of Stride were trading at $64.52 as of October 18. Over the last 52-week period, shares are up 45.71%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Perspectives on Stride

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Stride.

With 7 analyst ratings, Stride has a consensus rating of Outperform. The average one-year price target is $88.71, indicating a potential 37.49% upside.

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