Bridgepoint Education (BPI) Tops Q1 EPS by 1c

Bridgepoint Education (NYSE: BPI) reported Q1 EPS of ($0.02), $0.01 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $133 million versus the consensus estimate of $127.66 million.

Total student enrollment at the Company's academic institutions, Ashford University and University of the Rockies, was 50,814 students at March 31, 2016, compared with total student enrollment of 55,322 at March 31, 2015.

As of March 31, 2016, the 12-month retention for all Ashford students who were active on the last day of the first quarter of 2015 was 62.2%. As of March 31, 2015, the 12-month retention for all Ashford students who were active on the last day of the first quarter of 2014 was 64.2%.

For earnings history and earnings-related data on Bridgepoint Education (BPI) click here.

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