Capella Education (CPLA) Tops Q3 EPS by 7c

Capella Education (NASDAQ: CPLA) reported Q3 EPS of $0.62, $0.07 better than the analyst estimate of $0.55. Revenue for the quarter came in at $103.1 million versus the consensus estimate of $102.14 million.

Capella University total active enrollment increased 2.1 percent to 35,220, new enrollment increased by 11.9 percent from third quarter 2013 and early cohort persistence improved by approximately 4 percent.

For the fourth quarter ending Dec. 31, 2014, Capella University new enrollment growth is expected to be similar to year-over-year new enrollment growth in the second and third quarter 2014. Total enrollment is expected to approach 3.0 percent growth year-over-year, and consolidated revenue is expected to be in the range of 3.0 percent growth compared to fourth quarter 2013.

The consolidated operating margin is anticipated to be approximately 17.0 to 18.0 percent of total revenue for the fourth quarter of 2014.

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

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