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American Public Education (APEI) Tops Q3 EPS by 11c

November 12, 2019 4:12 PM

American Public Education (NASDAQ: APEI) reported Q3 EPS of $0.11, $0.11 better than the analyst estimate of $0.00. Revenue for the quarter came in at $67.9 million versus the consensus estimate of $66.16 million.

"APEI is a leader in minimizing the need for learners to incur student debt in pursuit of a quality college education," said Angela Selden, chief executive officer of APEI. "My first 50 days at APEI have underscored my belief in APEI\'s ability to build on its established legacy of providing high-quality, affordable, relevant and flexible higher education while working to minimize student debt."

Selden added, "As I continue to immerse myself in the APEI business, I am committed to assessing and further leveraging its core strengths. My near-term priority is to work with our institutions to drive enrollment growth and to provide learners with an affordable, career-relevant education that improves the lives of their families, the economy and society. We want to help put the American dream within reach."

GUIDANCE:

American Public Education sees Q4 2019 EPS of $0.35-$0.40, versus the consensus of $0.37.

For earnings history and earnings-related data on American Public Education (APEI) click here.

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