Bridgepoint Education (BPI) Tops Q2 EPS by 1c

Bridgepoint Education (NYSE: BPI) reported Q2 EPS of $0.12, $0.01 better than the analyst estimate of $0.11. Revenue for the quarter came in at $138 million versus the consensus estimate of $141.5 million.

Total student enrollment at the Company's academic institutions, Ashford University and University of the Rockies, was 48,895 students at June 30, 2016, compared with total student enrollment of 51,049 at June 30, 2015.

As of June 30, 2016, the 12-month retention for all Ashford students who were active on the last day of the second quarter of 2015 was 62.5%. As of June 30, 2015, the 12-month retention for all Ashford students who were active on the last day of the second quarter of 2014 was 62.7%

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

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