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Dec 31, 2020
Strategic Education Q4 2020 Earnings Report
reported fourth quarter 2020 results, showing a solid financial foundation entering 2021
Key Takeaways
Strategic Education's Q4 2020 revenue increased by 1.4% to $267.5 million, and net income was $5.9 million, compared to $28.5 million for the same period in 2019. Diluted earnings per share was $0.25, compared to $1.29 for the same period in 2019. The results reflect the impact of the Australia/New Zealand acquisition and various adjustments, including amortization and restructuring costs.
Revenue increased 1.4% to $267.5 million compared to the same period in 2019.
Net income was $5.9 million in 2020 compared to $28.5 million for the same period in 2019.
Diluted earnings per share was $0.25 compared to $1.29 for the same period in 2019.
Student enrollment at Capella University increased 5% to 41,073 compared to 39,244 for the same period in 2019.
Revenue by Geographic Location
Forward Guidance
Strategic Education anticipates capital expenditures of approximately $55 million for 2021.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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