Capella Education (CPLA) Tops Q1 EPS by 7c

Capella Education (NASDAQ: CPLA) reported Q1 EPS of $0.94, $0.07 better than the analyst estimate of $0.87. Revenue for the quarter came in at $111.8 million versus the consensus estimate of $111.19 million.

Outlook

For the second quarter ending June 30, 2017, consolidated revenues for Capella Education Company are expected to be up 2.5 to 3.5 percent compared to second quarter 2016. Consolidated operating margin is anticipated to be approximately 13.5 to 14.5 percent of total revenue for the second quarter of 2017. Capella University new enrollment is expected to be down in the low-single digit percentage range year-over-year and total enrollment is expected to decline about one percent year-over-year.

“Continued learner success improvements and new enrollment growth for Capella University contributed to solid first quarter results,” said Steve Polacek, senior vice president and chief financial officer. “We expect quarterly variability in new enrollment growth, and planned investments will drive a different quarterly investment pattern in 2017 compared to 2016. Our focus on delivering our annual performance goals remains unchanged.”

(Article updated with outlook)

For earnings history and earnings-related data on Capella Education (CPLA) click here.

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