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Stride's (LRN) MedCerts Partners With GW University Hospital
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Stride, Inc.’s (LRN - Free Report) subsidiary company MedCerts has teamed up with The George Washington (GW) University Hospital to grant scholarships to interested GW University Hospital employees for professional development.
The collaboration will help GW University Hospital in fulfilling its growing demand for healthcare workers as a result of its expansion plans like the development of a new hospital, various urgent-care centers and other health facilities.
Stride is hopeful about the new collaboration as it believes this will create professional development opportunities for the current employees of GW University Hospital and build a strong workforce for residents in Washington, D.C.
MedCerts' partnership with GW University Hospital will fulfill the gap between healthcare vacancies and employee development. This collaboration will help Stride and MedCerts to position themselves as leaders in the online career training industry.
Image Source: Zacks Investment Research
Shares of Stride have risen 19.1% in the year-to-date period against the Zacks Schools industry’s decline of 1.3%.
LRN’s Focus on Career Learnings
Stride is witnessing consistent strength in its Career Learnings segment, thanks to its growth strategy. In third-quarter fiscal 2023, total enrollment in this segment grew 60% from the prior-year quarter to 67,200 students. Also, enrollment in the General Education segment witnessed sequential growth of 3.1% to 114,600 students in the reported quarter, backed by the sustained demand for virtual options in the K-12 space.
In fiscal third-quarter 2023, total revenues of Stride were $470.3 million compared with $421.7 million in the year-ago period, courtesy of continued enrollment strength, increase in revenue per enrollment and Adult Learning growth. Considering the growth momentum, the company increased its fiscal 2023 revenue guidance to the range of $1.805 billion-$1.825 billion, up from the previous guidance of $1.775 billion to $1.815 billion.
Royal Caribbean Cruises presently sports a Zacks Rank #1 (Strong Buy). RCL has a trailing four-quarter earnings surprise of 26.4%, on average. The stock has surged 105.2% in the year-to-date period. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for RCL’s 2023 sales and earnings per share (EPS) indicates a rise of 48.7% and 162.9%, respectively, from the year-ago period’s levels.
Hilton Grand currently sports a Zacks Rank #1. HGV delivered a trailing four-quarter earnings surprise of 27.9%, on average. Shares of the company have increased 16.6% in the year-to-date period.
The Zacks Consensus Estimate for HGV’s 2023 sales and EPS indicates a rise of 8.7% and 12.9%, respectively, from the year-ago period’s levels.
Marriott currently carries a Zacks Rank #2 (Buy). MAR has a trailing four-quarter earnings surprise of 8%, on average. Shares of the company have increased 19% in the year-to-date period.
The Zacks Consensus Estimate for MAR’s 2023 sales and EPS indicates a rise of 13.1% and 25.7%, respectively, from the year-ago period’s levels.
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Stride's (LRN) MedCerts Partners With GW University Hospital
Stride, Inc.’s (LRN - Free Report) subsidiary company MedCerts has teamed up with The George Washington (GW) University Hospital to grant scholarships to interested GW University Hospital employees for professional development.
The collaboration will help GW University Hospital in fulfilling its growing demand for healthcare workers as a result of its expansion plans like the development of a new hospital, various urgent-care centers and other health facilities.
Stride is hopeful about the new collaboration as it believes this will create professional development opportunities for the current employees of GW University Hospital and build a strong workforce for residents in Washington, D.C.
MedCerts' partnership with GW University Hospital will fulfill the gap between healthcare vacancies and employee development. This collaboration will help Stride and MedCerts to position themselves as leaders in the online career training industry.
Image Source: Zacks Investment Research
Shares of Stride have risen 19.1% in the year-to-date period against the Zacks Schools industry’s decline of 1.3%.
LRN’s Focus on Career Learnings
Stride is witnessing consistent strength in its Career Learnings segment, thanks to its growth strategy. In third-quarter fiscal 2023, total enrollment in this segment grew 60% from the prior-year quarter to 67,200 students. Also, enrollment in the General Education segment witnessed sequential growth of 3.1% to 114,600 students in the reported quarter, backed by the sustained demand for virtual options in the K-12 space.
In fiscal third-quarter 2023, total revenues of Stride were $470.3 million compared with $421.7 million in the year-ago period, courtesy of continued enrollment strength, increase in revenue per enrollment and Adult Learning growth. Considering the growth momentum, the company increased its fiscal 2023 revenue guidance to the range of $1.805 billion-$1.825 billion, up from the previous guidance of $1.775 billion to $1.815 billion.
Zacks Rank & Key Picks
Stride currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks from the Zacks Consumer Discretionary sector are Royal Caribbean Cruises Ltd. (RCL - Free Report) , Hilton Grand Vacations Inc. (HGV - Free Report) and Marriott International, Inc. (MAR - Free Report) .
Royal Caribbean Cruises presently sports a Zacks Rank #1 (Strong Buy). RCL has a trailing four-quarter earnings surprise of 26.4%, on average. The stock has surged 105.2% in the year-to-date period. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for RCL’s 2023 sales and earnings per share (EPS) indicates a rise of 48.7% and 162.9%, respectively, from the year-ago period’s levels.
Hilton Grand currently sports a Zacks Rank #1. HGV delivered a trailing four-quarter earnings surprise of 27.9%, on average. Shares of the company have increased 16.6% in the year-to-date period.
The Zacks Consensus Estimate for HGV’s 2023 sales and EPS indicates a rise of 8.7% and 12.9%, respectively, from the year-ago period’s levels.
Marriott currently carries a Zacks Rank #2 (Buy). MAR has a trailing four-quarter earnings surprise of 8%, on average. Shares of the company have increased 19% in the year-to-date period.
The Zacks Consensus Estimate for MAR’s 2023 sales and EPS indicates a rise of 13.1% and 25.7%, respectively, from the year-ago period’s levels.