Strategic Education, Inc. (STRA)

Strategic Education’s adjusted EPS trailed consensus even as revenue and profit rose year over year in the second fiscal quarter of 2026, reported July 29, 2026. Adjusted EPS of $1.76 trailed the $1.80 estimate (-2.2%), though it was up from $1.52 a year ago (+15.8%). Revenue increased 4.9% to about $337.3 million from $321.5 million, with U.S. Higher Education—the company’s largest reported line—up 2.3% to roughly $220.5 million, helping anchor the quarter’s top-line growth. Profitability held at a gross margin of ~47% and an operating margin of ~15%, with operating income of about $50.5 million and net income rising 14.9% to roughly $37.2 million versus $32.3 million a year ago. The company generated operating cash flow of about $42.0 million, repurchased roughly $32.8 million of stock, and paid about $13.3 million in dividends. For the next period, consensus calls for EPS of $1.92.