NEW YORK, August 6, 2015 /PRNewswire/ --

ACI Association has initiated research coverage on Strayer Education Inc. (NASDAQ: STRA). Select highlights from the internally released reports are being made available to the general public (included below), with access to the entirety of the research available to new members.

Today, membership is open to readers on a complementary basis at the following URL: http://www.aciassociation.com/?c=STRA  

Highlights from our STRA Report include:


        
        - Lower enrollments impacted the top-line growth - On July 29, 2015, Strayer
          Education Inc. announced consolidated results for the second quarter and half year
          ended June 30, 2015. Revenue for Q1 2015 stood at $109.8 million in Q2 2015,
          reflecting a decrease of 3%, due to lower enrollments, which resulted in lower revenue
          per student. Citing same reasons for a drop in revenue in H1 2015, Strayer Education
          informed that revenue declined by 3% YoY to $221.6 million. The Company added that the
          total enrollments for the summer term 2015 grew by 2% to 37,221 students compared to
          36,403 students for the summer term 2014. The education services holding company saw a
          4% increase in enrollments by new students, while recording a 2% increase in
          enrollments by continuing students.


        
        - A quick look at Income from operations - In Q2 2015, Strayer Education's income
          from operations plummeted 13% to $20.9 million as against $24.0 million recorded in Q2
          2014. As per the release, excluding non-cash adjustments to the Company's liability
          for losses on facilities no longer in use, income from operations declined 7% to $21.0
          million in Q2 2015 from $22.6 million in Q2 2014. The operating margin contracted by
          220 basis points to 19.1% in Q2 2015 from 21.3% in Q2 2014, while declining only by 90
          basis points when excluding the non-cash adjustments. For H1 2015, income from
          operations stood at $40.8 million compared to $49.9 million in H1 2014, down 18%.


        
        - Bottom-line performance review - Net income tumbled 13% to $11.9 million in Q2
          2015 from $13.7 million in Q2 2014. Excluding non-cash adjustments, net income came in
          at $11.9 million for the quarter, compared to $12.9 million for Q2 2014. For H1 2015,
          Strayer Education registered an 18% decrease to $23.3 million compared to $28.5
          million for the same period in 2014. Excluding non-cash adjustments, net income was
          $23.2 million for the first six months, compared to $27.1 million in the year-ago
          period.


        
        - Update on Earnings per share - Strayer Education reported that diluted earnings
          per share (EPS) declined 14% to $1.11 in Q2 2015 from $1.29 for the same period in
          2014. Meanwhile, the same reduced to $1.11 in the quarter from $1.21 on excluding the
          non-cash adjustments. For H1 2015, diluted EPS stood at $2.17 compared to $2.68 in H1
          2014, reflecting a downfall by 19% YoY. Excluding non-cash adjustments, the EPS stood
          at $2.17 compared to $2.55 in H1 2014.

To find out how this influences our rating on Strayer Education Inc., read the full report in its entirety here: http://www.aciassociation.com/?c=STRA

About ACI Association: 

Active Charter Investors Association ("ACI Association") produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. ACI Association has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

ACI Association has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:  

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer"). Rohit Tuli, a CFA(R) charter holder (the "CFA(R)"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on sound investment judgment and publicly available information which is believed to be reliable. The Reviewer and the CFA(R) have not performed any independent investigations or forensic audits to validate the information herein. Unless otherwise noted, any content outside of this document has no association with the Author, the Reviewer, or the CFA(R) (collectively referred to as the "Production Team") in any way. The Production Team is compensated on a fixed monthly basis and do not hold any positions of interest in any of the securities mentioned herein.

NO WARRANTY 

ACI Association, the Author, the Reviewer and the CFA(R) (collectively referred to as the "Publishers") are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by the Publishers whatsoever for any direct, indirect or consequential loss arising from the use of this document. The Publishers expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, the Publishers do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither ACI Association nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.aciassociation.com.

RESTRICTIONS 

ACI Association is not available to residents of Belarus, Cuba, Canada, Iran, North Korea, Sudan, Syria or Somalia. Do not send email to robottrap (at) aciassociation.com.

CFA(R) and Chartered Financial Analyst(R) are registered trademarks owned by CFA Institute.

SOURCE www.aciassociation.com