Corporate Executive Board (CEB) Tops Q1 EPS by 8c; Guides In-Line

Corporate Executive Board (NYSE: CEB) reported Q1 EPS of $0.73, $0.08 better than the analyst estimate of $0.65. Revenue for the quarter came in at $221.6 million versus the consensus estimate of $223.59 million.

Corporate Executive Board sees FY2015 EPS of $3.50-$3.85, versus the consensus of $3.72. Corporate Executive Board sees FY2015 revenue of $945-970 million, versus the consensus of $969.08 million.

“During the first quarter, we saw solid performance from all of our major markets,” said Tom Monahan, Chairman and CEO. “Our results put us in position to achieve our revenue and profit goals on a constant currency basis, and we are focused on sharp execution to achieve all we set out to accomplish this year. As planned, we began executing our enhanced strategy for capital return, even as we maintained flexibility to act strategically. And, most importantly we continued to lay the groundwork for sustained performance in 2015 and beyond by continuing to innovate in how we create impact for members and clients.

For earnings history and earnings-related data on Corporate Executive Board (CEB) click here.

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