Strayer Education Q1 Earnings In Line, Enrollment Falls

Share price of Strayer Education, Inc. (STRA - Analyst Report) declined 4.3% on May 6 as the education company reported disappointing first quarter of 2015 results.

Moreover, the company could not sustain the improvement in starts that it witnessed in the latter half of 2014 in 2015 so far.

Despite being in line with the Zacks Consensus Estimate, Strayer Education’s first quarter 2015 adjusted earnings of $1.05 per share decreased 21.7% year over year on soft revenues and lower margins.

Strayer Education Inc. - Earnings Surprise | FindTheCompany

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