Shares of Strategic Education, Inc. or SEI STRA gained 3.34% on Jul 27 after it reported second-quarter 2022. Quarterly earnings and revenues missed their respective Zacks Consensus Estimate and declined on a year-over-year basis. The downside was caused by lower contributions from all three segments.Karl McDonnell, chief executive officer of SEI, stated, “During our second quarter of 2022, demand continued to strengthen in the U.S. within both our U.S. Higher Education and Education Technology Services segments. We remain confident in a return to growth within the Australia/New Zealand segment once international student immigration challenges ease in the region.”Inside The HeadlinesSEI reported adjusted earnings of 85 cents per share, which missed the Zacks Consensus Estimate of 88 cents by 3.4% and declined nearly 46% from the year-ago quarter’s levels.Strategic Education Inc. Price, Consensus and EPS Surprise Strategic Education Inc. price-consensus-eps-surprise-chart | Strategic Education Inc. Quote Total revenues of $273.6 million lagged the consensus estimate of $276 million by 0.9% and declined 8.6% from the prior-year quarter’s level. Adjusted revenues fell 9% year over year.Segment DetailsSEI currently operates in three reportable segments — U.S. Higher Education or USHE, Education Technology Services (earlier known as Alternative Learning) and Australia/New Zealand or ANZ.The USHE segment comprises Strayer and Capella Universities. Segment’s revenues fell 10.5% year over year to $190 million due to lower enrollment and revenue-per-student. Student enrollment declined 8.6% from the year-ago quarter’s level to 76,728 students. FlexPath enrollment was 19% of USHE enrollment compared with 18% in the same period of 2021. The segment’s operating margin contracted significantly to 6.2% from 15.1% a year ago.The Education Technology Services segment includes Employer Solutions, Workforce Edge and Sophia Learning. The segment’s quarterly revenues came in at $16 million, up 23.9% year over year, backed by growth in Sophia Learning subscriptions and employer-affiliated enrollment. Employer-affiliated enrollment was 24.6% of USHE enrollment compared with 20.5% in the year-ago period. Its operating margin came in at 33.1% for the reported quarter, down from 40.1% a year ago.The ANZ segment includes Torrens University, Think Education and Media Design School. Revenues in the segment totaled $67.5 million, down 8.8% year over year and 10.5% on an adjusted basis. The adjusted operating margin was 18.2% in the reported quarter, down from 22.6% reported in the prior-year period. Student enrollment within ANZ inched up 0.2% to 18,834 during the reported period.Operating HighlightsThe adjusted operating margin of 10.8% was down 730 basis points from the year-ago quarter’s figure of 18.1%. Adjusted EBITDA in the reported quarter was $47.9 million, down 33.8% from $72.4 million in the prior-year quarter.Financial DetailsAs of Jun 30, 2022, STRA recorded cash and cash equivalents of $268.9 million compared with $262.9 million at the 2021-end.Cash provided by operating activities was $125.8 million in the first half of 2022 compared with $80.7 million in the comparable year-ago period. Capital expenditures were $22.7 million compared with $23.1 million a year ago.Capital expenditures for 2022 are expected to be approximately $50 million.Zacks Rank & Key PicksSEI currently carries a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Hilton Worldwide Holdings Inc. HLT reported solid second-quarter 2022 results, with earnings and revenues beating the Zacks Consensus Estimate and rising year over year.While the bottom line beat the consensus estimate for the third straight quarter, HLT’s top line surpassed the same for the fifth consecutive time.Boyd Gaming Corporation BYD reported decent second-quarter 2022 results, with earnings and revenues beating the Zacks Consensus Estimate. Both the metrics surpassed their respective consensus mark for the ninth straight quarter.BYD’s top line rose year over year, while the bottom line declined year over year.Pool Corporation POOL reported mixed second-quarter 2022 results, with earnings beating the Zacks Consensus Estimate and revenues missing the same.POOL’s top and the bottom line increased on a year-over-year basis. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Strategic Education Inc. (STRA): Free Stock Analysis Report Pool Corporation (POOL): Free Stock Analysis Report Boyd Gaming Corporation (BYD): Free Stock Analysis Report Hilton Worldwide Holdings Inc. (HLT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research