Stride (LRN) Stock Plummets 50% After Earnings—Guidance Shocks Investors
Earnings Beat Overshadowed by Weak Outlook Stride, Inc. (NYSE: LRN) delivered strong fiscal Q1 2026 results (ended Sept. 30, 2025), but a conservative outlook triggered a sharp selloff. The company reported revenue of $620.9 million, beating the $613.7M analyst consensus, and diluted EPS of $1.40, above the $1.13 estimate benzinga.com. Enrollments grew 11.3% YoY (to 247,700 students), led by 20% growth in Career Learning programs benzinga.com. CEO James Rhyu noted “strong enrollment growth” to start the year but cautioned that growth rates will moderate ts2.tech. These results continued Stride’s string of double-digit growth quarters. However, forward guidance disappointed investors. Management