American Public Education, Inc. (NASDAQ:APEI) just released its first quarter fiscal 2016 earnings results, posting earnings per share of $0.64 per share and revenue of $84 million.
Currently, APEI has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.
American Public Education:
1. Beat earnings estimates. The company posted earnings of $0.64 per share, outpacing our Zacks Consensus Estimate of $0.45 per share.
2. Beat revenue estimates. The company saw revenue figures of $84 million, topping our consensus estimate of $82 million but falling 1.6% year-over-year
3. Reported that active student enrollment at American Public University System decreased 12% year-over-year to 98,400 students as of March 31, 2016.
4. Anticipates Q2 consolidated revenues to decrease between approx. 7% and 4% year-over-year and consolidated net income of between $0.36-$0.41 per diluted share.
5. APEI was down a slight $0.01, or 0.04%, to $23.79 as of 5:02 PM ET in after-hours trading shortly after its earnings report was released.
Here’s a graph that looks at American Public Education’s performance over the past year in comparison to the S&P 500:
American Public Education, Inc. is an online provider of higher education focused primarily on serving the military and public service communities. American Public University System, wholly owned by APEI, comprises two universities: American Military University and American Public University. Nationally and regionally accredited, APUS serves over 25,000 part-time students who live and work in all 50 states and more than 130 countries; and offers 57 degree programs and 48 certificate programs in fields ranging from homeland security, military studies, intelligence, and criminal justice to technology, business administration, public health, and liberal arts.
Check back later for our full analysis onAmerican Public Education’s first quarter earnings report!
AMER PUB EDUCAT (APEI): Free Stock Analysis Report
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