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Strayer Education Inc (STRA.OQ)

STRA.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Strayer and Capella to continue paying qtrly dividend before merger close
Wednesday, 1 Nov 2017 08:17am EDT 

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 and Capella Education Co combine​
Monday, 30 Oct 2017 06:00am EDT 

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 Inc reports Q3 earnings per share of $0.56
Monday, 30 Oct 2017 06:00am EDT 

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, Capella education near merger deal‍​- WSJ
Sunday, 29 Oct 2017 09:51pm EDT 

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

Strayer Education Q2 earnings per share $0.92
Wednesday, 26 Jul 2017 06:30am EDT 

July 26 (Reuters) - Strayer Education Inc :Strayer Education Inc reports second quarter enrollment, revenues and earnings; Q3 2017 enrollment outlook.Q2 earnings per share $0.73 excluding items.Q2 earnings per share view $0.87 -- Thomson Reuters I/B/E/S.Q2 earnings per share $0.92.Q2 revenue $112.7 million versus I/B/E/S view $113.7 million.Total enrollments at Strayer University for Q3 2017 are anticipated to grow 7% to approximately 41,600 students.Strayer Education Inc - new student enrollments are expected to increase approximately 7% for Q3.Revenue per student for Q3 is expected to decrease between 1% and 2%.Strayer Education - new student enrollments expected to increase about 7%, continuing student enrollments are expected to increase about 8% in Q3.Strayer Education Inc qtrly student enrollment at Strayer University, increased 6 percent to 43,411.  Full Article

Strayer Education posts Q1 EPS $0.95
Wednesday, 3 May 2017 06:30am EDT 

May 3 (Reuters) - Strayer Education Inc :Strayer Education, Inc. reports first quarter enrollment, revenues and earnings; Q2 2017 enrollment outlook.Q1 earnings per share $0.95.Q1 revenue $114.9 million versus i/b/e/s view $116.4 million.Q1 earnings per share view $0.95 -- Thomson Reuters I/B/E/S.Total enrollments at strayer university for Q2 2017 are anticipated to grow 6% to approximately 43,400 students.Anticipate revenue per student for Q2 to decrease between 1% and 2%.Strayer education inc- new student enrollments expected to increase about 8%, while continuing student enrollments are expected to increase about 5%.Declared a regular, quarterly cash dividend of $0.25 per share of common stock.  Full Article

Strayer Education posts Q4 adj. earnings per share $0.95
Thursday, 16 Feb 2017 06:30am EST 

Strayer Education Inc : Strayer Education Inc reports fourth quarter and full year revenues and earnings; winter term 2017 enrollments . Q4 earnings per share $0.95 excluding items . Q4 earnings per share $1.07 . Q4 revenue $119.3 million versus I/B/E/S view $119.4 million . Q4 earnings per share view $1.17 -- Thomson Reuters I/B/E/S . Strayer education inc - total enrollments at Strayer University for winter term 2017 increased to 43,387 students, from 40,872 students for winter term 2016 .Q4 operating margin was 16.5 pct, or 15.4 pct excluding noncash adjustments, compared to 19.1 pct in Q4 2015.  Full Article

Strayer Education Q2 EPS $0.72
Wednesday, 27 Jul 2016 06:30am EDT 

Strayer Education Inc : Total enrollments at strayer university for summer term that started July 5, up 4 pct to 38,813 students . Strayer Education, Inc. reports second quarter revenues and earnings; and summer term 2016 enrollments . Q2 earnings per share $0.72 . Q2 revenue $108.5 million versus I/B/E/S view $109.2 million . Q2 earnings per share view $1.04 -- Thomson Reuters I/B/E/S .Qtrly new student enrollments increased 6% and continuing student enrollments increased 4 pct..  Full Article

Strayer Education Inc acquires the New York Code and Design Academy
Friday, 15 Jan 2016 04:30pm EST 

Strayer Education Inc:Acquired the New York Code and Design Academy (NYCDA), a provider of non-degree web and mobile app development courses.NYCDA will operate as a wholly owned subsidiary of Strayer Education, Inc.  Full Article

Strayer Education, Capella to merge in $1.9 billion deal

Oct 30 Strayer Education Inc said on Monday it would merge with smaller peer Capella Education Co in an all-stock deal valued at $1.9 billion.