American Public Education Inc reports results for the quarter ended in December - Earnings Summary

American Public Education

05/03/2024 23:59

* American Public Education Inc  APEI.OQ  reported quarterly
adjusted earnings of 64 cents​​ per share for the quarter ended
in December, higher than the same quarter last year, when the
company reported EPS of -35 cents.  The mean expectation of
four analysts for the quarter was for earnings of 14 cents per
share. Wall Street expected results to range from 11 cents to 19
cents per share.
    * Revenue rose 0.2% to $152.80 million from a year ago;
analysts
expected $150.48 million. 
    * American Public Education Inc's reported EPS for the
quarter was
64 cents​.
    * The company reported quarterly net income of $11.48
million.
    * American Public Education Inc shares had risen by 19.4%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the miscellaneous
educational service providers peer group is also "buy"

Wall Street's median 12-month price target for American Public
Education Inc is $8.00 
This summary was machine generated from LSEG data March 5 at
11:58 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.14           0.64           Beat
 Sep. 30 2023      -0.25          0.19           Beat
 Jun. 30 2023      -0.31          -2.94          Missed
 Mar. 31 2023      -0.46          -0.38          Beat