Capella Education (CPLA) Misses Q2 EPS by 12c; Enrollment Down 0.6%

Capella Education (NASDAQ: CPLA) reported Q2 EPS of $0.72, $0.12 worse than the analyst estimate of $0.84. Revenue for the quarter came in at $104.8 million versus the consensus estimate of $104.3 million..

(a) Enrollment as of June 30, 2014 and 2013 is the enrollment as of the last day of classes for the quarter ended June 30, 2014 and 2013, respectively.

Guidance:

For the third quarter ending Sept. 30, 2014, Capella University new enrollment growth is expected to be similar to year-over-year new enrollment growth in the second quarter 2014. Total enrollment and consolidated revenue is expected to increase about 1.0 to 2.0 percent compared to third quarter 2013.

The consolidated operating margin is anticipated to be approximately 10.5 to 11.5 percent of total revenue for the third quarter of 2014.

For the fiscal year ended Dec. 31, 2014, the Company is expected to report solid new enrollment, positive total enrollment and consolidated revenue growth. The consolidated annual operating margin is expected to be in the 14.5 percent range, including the second quarter 2014 lease amendment charges.

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

You May Also Be Interested In

• Gilead Sciences (GILD) Misses Q1 EPS by 288c
• Agnico Eagle Mines (AEM) Tops Q1 EPS by 17c
• L3Harris Technologies (LHX) Tops Q1 EPS by 15c; raises guidance