Overview

* Stride fiscal Q1 revenue rises 12.7% yr/yr, beating analyst expectations, per LSEG data

* Adjusted EPS for fiscal Q1 beats consensus, reflecting operational improvements

* Adjusted operating income for fiscal Q1 exceeds analyst estimates

Outlook

* Company forecasts Q2 2026 revenue between $620 mln and $640 mln

* Stride expects FY 2026 revenue between $2.480 bln and $2.555 bln

* Company anticipates FY 2026 adjusted operating income of $475 mln to $500 mln

Result Drivers

* CAREER LEARNING GROWTH - Co reports 20% increase in Career Learning enrollments, boosting revenue by 16.3%

* GENERAL EDUCATION REVENUE - General Education revenue grew 10.2%, contributing to overall revenue increase

* ADULT LEARNING DECLINE - Adult Learning revenue fell 28.6%, slightly offsetting overall revenue growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Beat $620.90 $613.78

Revenue mln mln (4

Analysts

)

Q1 Beat $1.52 $1.10 (5

Adjusted Analysts

EPS )

Q1 EPS $1.40

Q1 Net $68.80

Income mln

Q1 Beat $108.40 $102.09

Adjusted mln mln (3

EBITDA Analysts

)

Q1 Beat $81.10 $66.64

Adjusted mln mln (4

Operatin Analysts

g Income )

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the miscellaneous educational service providers peer group is "buy"

* Wall Street's median 12-month price target for Stride Inc ( LRN ) is $168.00, about 9.1% above its October 27 closing price of $152.64

* The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)