Bridgepoint Education (BPI) Tops Q2 EPS by 10c; Suspends Outlook

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Bridgepoint Education (NYSE: BPI) reported Q2 EPS of $0.84, $0.10 better than the analyst estimate of $0.74. Revenue for the quarter came in at $256.3 million versus the consensus estimate of $260.63 million.

Total student enrollment at Bridgepoint Education's academic institutions, Ashford University and University of the Rockies, was 92,620 students at June 30, 2012, compared with 84,545 students at the end of the second quarter of 2011.

New student enrollments for the second quarter of 2012 at Bridgepoint Education's academic institutions were approximately 19,300 compared with new student enrollments of approximately 19,050 for the same period in 2011.

Suspends guidance.

For earnings history and earnings-related data on Bridgepoint Education (BPI) click here.

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