Consumer Discretionary - Education Services Stocks Q2 Teardown: Covista (NYSE:CVSA) Vs The Rest
A Q2 earnings “teardown” covers education services stocks. Lincoln Educational (CVSA) reported $142.6M revenue, up 22.4% YoY, beating EPS and EBITDA estimates; shares fell 26.5% to $30.12. Strategic Education (STRA) revenue rose 4.9% to $337.3M but missed EPS. Laureate (LAUR) revenue $615.9M, up 17.5%, beat; shares down 2.4% to $37.50. Bright Horizons (BFAM) revenue $779.2M, up 6.5%, beat; shares down 8.5% to $71.33.




