Capella Education (CPLA) Misses Q1 EPS by 3c; Guides Q2 Enrollment

Capella Education (NASDAQ: CPLA) reported Q1 EPS of $0.70, $0.03 worse than the analyst estimate of $0.73. Revenue for the quarter came in at $105.6 million versus the consensus estimate of $104.6 million.

Capella University total active enrollment decreased 1.4 percent to 35,889, new enrollment increased by 2.6 percent from first quarter 2013 and early cohort persistence improved by 4 percent.

For the second quarter ending June 30, 2014, Capella University new enrollment growth is expected to be up in the mid-single digit percentage range compared to the second quarter 2013. Total enrollment is expected to decline by about 1.0 to 2.0 percent and consolidated revenue is expected to be flat to up 1 percent compared to second quarter 2013.

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

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