Strayer Education, Inc., through its subsidiary, Strayer University, provides post-secondary education services for working adults in the United States. It offers undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, nursing, public administration, and criminal justice. The company provides its services through its 76 physical campuses primarily located in the Mid-Atlantic and Southern regions, as well as through online. It also offers an executive MBA online through its Jack Welch Management Institute. Strayer Education, Inc. was founded in 1892 and is headquartered in Herndon, Virginia.
Strayer Education beats 3Q profit forecasts HERNDON, Va. (AP) _ Strayer Education Inc. (STRA) on Wednesday reported third-quarter profit of $2.9 million. The Herndon, Virginia-based company said it had net income of 27 cents per share. Earnings, adjusted for non-recurring gains, came to 25 cents per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share. The for-profit education company posted revenue of $102.2 million in the period. Strayer Education shares have declined 22 percent since the beginning of the year. The stock has fallen 17 percent in the last 12 months.
