Revenue rose 21 percent to $97

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replica celine handbags Based on the strong enrollment growth for the 2008 spring term, Strayer forecast second quarter earnings of $1.45 to $1.47 a share.Analysts were expecting earnings of $1.42 a share, before items, for the period.Strayer, which offers undergraduate and graduate degree programs with an emphasis on business, accounting and economics, will open nine new campuses in 2008 and will announce the location of the final three during its July earnings conference call.It’s “unlikely” that the three locations yet to be announced will be in states where Strayer does not already have schools, but will instead be in new cities, Chief Executive Robert Silberman told Reuters.Strayer has brick and mortar campuses in 12 states, plus the District of Columbia.The company will offer its next new undergraduate bachelor’s degree program, criminal justice, starting in 2009 online and at all of its campuses, Silberman said.The impetus for the new program came from students who said they wanted to study criminal justice administration instead of business administration.”We try to react to that kind of market input if it’s constant enough to constitute a trend,” Silberman said.Police officers, emergency responders and national security specialists will be likely students. The program will offer a focus on information technology security, he said.Quarterly net income rose 25 percent to $23.5 million, or $1.64 a share, from $18.8 million, or $1.30 a share, a year earlier. Revenue rose 21 percent to $97.1 million.Analysts were expecting earnings of $1.58 a share, before items, on revenue of $96.5 million, according to Reuters Estimates.Enrollment for the spring term at the company’s Strayer University rose 19 percent to 37,733 students.Strayer’s shares were up 6.9 percent at $192.36 during midday trading on the Nasdaq replica celine handbags.

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