Career Education (CECO) Tops Q3 EPS by 9c

Career Education (NASDAQ: CECO) reported Q3 EPS of $0.33, $0.09 better than the analyst estimate of $0.24. Revenue for the quarter came in at $155 million versus the consensus estimate of $146.7 million.

• CTU’s total student enrollments increased 3.2 percent supported by year to date new student enrollment growth of 6.4 percent and improving student retention while new student enrollments were relatively flat for the quarter
• AIU’s total student enrollments increased 11.3 percent supported by quarterly new student enrollment growth of 10.0 percent

For earnings history and earnings-related data on Career Education (CECO) click here.

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