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Strayer Ed. expects 2Q profit to top Wall St. expectations

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April 30, 2008

ARLINGTON, Va.—Strayer Education Inc. said Wednesday it expects second-quarter earnings to beat current analysts' estimates due to strong spring term enrollment growth.

The for-profit education provider expects net income between $1.45 and $1.47 per share.

Analysts predict second-quarter profit of $1.42 per share, according to a Thomson Financial poll.

The company said enrollment climbed 19 percent for the Strayer University spring term.

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