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

American Public Education

07/05/2024 22:53

* American Public Education Inc  APEI.OQ  reported quarterly
adjusted earnings of 11 cents​​ per share for the quarter ended
in March, higher than the same quarter last year, when the
company reported EPS of -38 cents.  The mean expectation of
four analysts for the quarter was for a loss of 19 cents per
share. Wall Street expected results to range from -21 cents
to -14 cents per share.
    * Revenue rose 3.2% to $154.43 million from a year ago;
analysts
expected $152.35 million. 
    * American Public Education Inc's reported EPS for the
quarter was
a loss of 6 cents​.
    * The company reported a quarterly loss of $1.02 million.
    * American Public Education Inc shares had risen by 9.7%
this
quarter and gained 61.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 538.5% 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 $16.00 
This summary was machine generated from LSEG data May 7 at 09:52
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
 Mar. 31 2024      -0.19          0.11           Beat
 Dec. 31 2023      0.14           0.64           Beat
 Sep. 30 2023                     0.19           
 Jun. 30 2023      -0.31          -2.94          Missed