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Strategic Education Inc (STRA.OQ)

STRA.OQ on NASDAQ Stock Exchange Global Select Market

126.98USD
13 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Strategic Education Inc Reports Third Quarter 2018 Results
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Strategic Education Inc ::STRATEGIC EDUCATION, INC. REPORTS THIRD QUARTER 2018 RESULTS; STRONG ENROLLMENT GROWTH AT BOTH STRAYER UNIVERSITY AND CAPELLA UNIVERSITY.Q3 REVENUE $160.9 MILLION VERSUS I/B/E/S VIEW $185.5 MILLION.QTRLY LOSS PER SHARE WAS $2.97.QTRLY ADJUSTED DILUTED EARNINGS PER SHARE $0.92.Q3 EARNINGS PER SHARE VIEW $0.68 -- THOMSON REUTERS I/B/E/S.  Full Article

Strayer Education Reports Q1 Adj Earnings Per Share $1.23
Wednesday, 2 May 2018 

May 2 (Reuters) - Strayer Education Inc ::STRAYER EDUCATION, INC. REPORTS FIRST QUARTER ENROLLMENT, REVENUES, AND EARNINGS.Q1 ADJUSTED EARNINGS PER SHARE $1.23.Q1 EARNINGS PER SHARE $0.84.Q1 REVENUE $116.5 MILLION VERSUS I/B/E/S VIEW $116.8 MILLION.Q1 EARNINGS PER SHARE VIEW $1.15 -- THOMSON REUTERS I/B/E/S.TOTAL ENROLLMENTS AT STRAYER UNIVERSITY FOR Q2 OF 2018 ARE ANTICIPATED TO GROW 8% TO ABOUT 46,800 STUDENTS.REVENUE PER STUDENT FOR Q2 IS EXPECTED TO DECREASE BY ABOUT 5%.FOR Q1, STUDENT ENROLLMENT AT COMPANY'S MAIN OPERATING UNIT, STRAYER UNIVERSITY, INCREASED 6% TO 46,184.  Full Article

Strayer Education Stockholders Approve Merger With Capella Education
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Strayer Education Inc ::STRAYER EDUCATION, INC. STOCKHOLDERS APPROVE PROPOSED MERGER WITH CAPELLA EDUCATION COMPANY.STRAYER EDUCATION INC - ‍PROPOSED MERGER, WHICH IS ANTICIPATED TO CLOSE IN Q3 OF 2018​.  Full Article

Strayer and Capella to continue paying qtrly dividend before merger close
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Capella Education Co :Strayer says ‍confirms co, capella permitted to continue paying qtrly dividend, prior to merger closing - sec filing.  Full Article

Strayer Education Inc reports Q3 earnings per share of $0.56
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Strayer Education Inc :Strayer Education Inc reports third quarter enrollment, revenues and earnings.Q3 earnings per share $0.34 excluding items.Q3 earnings per share $0.56.Q3 revenue $108.5 million versus I/B/E/S view $107.5 million.Q3 earnings per share view $0.39 -- Thomson Reuters I/B/E/S.Strayer Education - sees ‍total enrollments at strayer university for Q4 to grow 6% to about 48,100 students from 45,509 students last year.Strayer Education Inc - qtrly student enrollment at company's main operating unit increased 7% to 41,679 compared to 38,813 last year.  Full Article

‍Strayer Education Inc and Capella Education Co combine​
Monday, 30 Oct 2017 

Oct 30 (Reuters) - ‍Strayer Education Inc :‍Strayer Education Inc and Capella Education Company combine​.Strayer Education Inc - ‍merger is expected to be accretive to Strayer's EPS by approximately 20% to 25% by 2019​.Strayer Education Inc - ‍Strayer will be remaining corporate entity under which both universities will operate after deal​.Strayer Education Inc - ‍implied equity value of combined company is approximately $1.9 billion​.Strayer Education - co and Capella will combine in all-stock merger with Capella shareholders to get 0.875 Strayer shares for each Capella share​.Strayer Education Inc - ‍merger expected to be tax-free to shareholders of both companies​.Strayer - ‍upon deal closing, Strayer shareholders will own about 52%,capella shareholders will own about 48% of combined co on a fully diluted basis​.Strayer Education - ‍upon deal closing, Robert Silberman will be executive chairman, Kevin Gilligan will be vice chairman of combined entity​.Strayer Education Inc - upon deal closing, Strayer Education Inc will be renamed Strategic Education Inc​.Strayer Education Inc - ‍upon closing of transaction, Karl McDonnell will be chief executive officer of combined entity​.Strayer Education Inc - ‍Strayer's board will be increased to 12 directors total - with three to be nominated by Capella on closing​.Strayer Education - ‍merger of organizations expected to achieve annual cost savings of about $50 million to be fully phased in within 18 months of closing​.  Full Article

Strayer Education, Capella education near merger deal‍​- WSJ
Monday, 30 Oct 2017 

Oct 29 (Reuters) - :Strayer Education, Capella education near merger deal‍​- WSJ, citing sources.Strayer-Capella deal would be structured as stock-for-stock merger; could be announced as soon as monday- WSJ, citing sources.  Full Article