Capella Education (CPLA) Reports Q1 EPS of $1.16

Capella Education (NASDAQ: CPLA) reported Q1 EPS of $1.16, may not compare to the analyst estimate of $1.17. Revenue for the quarter came in at $112 million versus the consensus estimate of $112.92 million.

• Merger transaction costs reduced diluted net income per common share from continuing operations for first quarter 2018 by $0.04.

2018 Goals and Outlook

The Company’s goal for 2018 is to deliver continued revenue growth. To achieve this goal, annual new enrollment growth will be needed in a continuing volatile enrollment environment, as well as stable or improving early cohort persistence and continued revenue growth in the Job-Ready Skills segment. In addition, the Company is managing the Job-Ready Skills segment to be less dilutive in 2018 and expects the annual tax rate to be slightly above 25 percent.

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

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