May 2, 2018 / 10:43 AM / 25 days ago

BRIEF-Capella Education Co Reports Q1 Earnings Per Share $1.16 From Continuing Operations

May 2 (Reuters) - Capella Education Co:

* MPANY REPORTS FIRST QUARTER 2018 RESULTS

* Q1 REVENUE $112 MILLION VERSUS I/B/E/S VIEW $112.9 MILLION

* Q1 EARNINGS PER SHARE $1.16 FROM CONTINUING OPERATIONS

* Q1 EARNINGS PER SHARE VIEW $1.17 — THOMSON REUTERS I/B/E/S

* CO IS MANAGING JOB-READY SKILLS SEGMENT TO BE LESS DILUTIVE IN 2018 AND EXPECTS ANNUAL TAX RATE TO BE SLIGHTLY ABOVE 25 PERCENT

* MPANY AND STRAYER CONTINUE TO EXPECT THAT MERGER WILL CLOSE IN Q3 OF 2018

* CAPELLA EDUCATION- AFTER DEAL COMPLETION, STRATEGIC EDUCATION WILL BE CORPORATE ENTITY UNDER WHICH CAPELLA UNIVERSITY & STRAYER UNIVERSITY WILL OPERATE

* CO HAD $27.0 MILLION OF SHARE REPURCHASE AUTHORIZATION REMAINING AT MARCH 31, 2018, NO SHARES WERE REPURCHASED IN Q1 OF 2018 Source text for Eikon: Further company coverage:

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