Stock Track | Stride Soars 30.32% in Pre-market on Strong Q2 Earnings Beat and Upbeat Guidance

Stock Track01-28

Stride's stock experienced a significant pre-market surge of 30.32%, driven by the company's release of better-than-expected second-quarter fiscal 2026 financial results.

The education technology company reported quarterly adjusted earnings per share of $2.50, surpassing analyst estimates ranging from $2.08 to $2.32. Revenue for the quarter reached $631.3 million, also exceeding consensus expectations of approximately $627.9 million. Key performance metrics showed a 7.8% year-over-year increase in enrollments and a 1.8% rise in revenue per enrollment.

Additionally, Stride provided positive forward guidance, forecasting third-quarter revenue between $615 million and $645 million and affirming its full-year revenue outlook of $2.48 billion to $2.555 billion. The company's Career Learning segment demonstrated particularly strong growth, with revenue increasing by 24.5% year-over-year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment