Education Management Corp (EDMC) Tops Q4 EPS by 1c; Guides Q1, FY12 EPS

August 3, 2011 4:59 PM EDT
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Education Management Corp (NASDAQ: EDMC) reported Q4 EPS of $0.28, $0.01 better than the analyst estimate of $0.27. Revenue for the quarter came in at $695.4 million versus the consensus estimate of $694.76 million.

At the start of the current July quarter, total enrollment at our schools was approximately 139,800 students, a 0.7% increase from the same time last year. Same-school enrollment (schools with enrollment for one year or more) increased 0.1% to approximately 139,000 students. The number of students enrolled in fully online programs decreased 0.3% to approximately 38,700 students.

Sees Q1 2012 EPS of $0.19-$0.22, versus the consensus of $0.22.

Sees FY2012 EPS of $1.49-$1.57, versus the consensus of $1.57.


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