Strategic Education (STRA) Q2 FY26 earnings call

Strategic Education delivered a solid Q2 FY26, marked by significant strength in its ETS division and increased momentum in U.S. Higher Education. The company is making meaningful progress in returning its Australia business to growth in 2027, despite current headwinds from a one-time labor charge and slow visa approvals. Management remains confident in achieving its long-term EBIT margin expansion targets.