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Why Is American Public Education (APEI) Up 12% Since Last Earnings Report?
ZACKS· 2024-12-12 17:36
A month has gone by since the last earnings report for American Public Education (APEI) . Shares have added about 12% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is American Public Education due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. American Public Q3 Earning ...
Rasmussen University Celebrates Year-Round Commitment to Community Service
Prnewswire· 2024-12-03 14:15
Annual Tradition of Service: Rasmussen Gives Back Rasmussen Gives Back, a longstanding tradition, brought together employees across the University the week of Oct. 21st to contribute nearly 900 hours of volunteer service in just one week. Team members partnered with organizations such as Feed My Starving Children, Honor Flight of ND/MN, and Second Harvest Food Bank of Central Florida. Activities ranged from sorting food and stocking shelves to cleaning parks, organizing donations, and raising funds for vete ...
Rasmussen University Appoints New Academic Leadership
Prnewswire· 2024-11-18 21:15
"I am delighted to share that Dr. Carrie Daninhirsch will lead our academic mission as Provost," said President Paula Singer. "As Rasmussen University prepares to enter its 125th year, Dr. Daninhirsch's collaborative, trust-based leadership and her unwavering commitment to positive change within our academic teams make her the ideal choice for this role. Her extensive experience, strategic vision, and deep dedication to our faculty and students ensure that we are well-positioned to continue advancing our mi ...
American Public Q3 Earnings Beat Estimates, 2024 Revenue View Lowered
ZACKS· 2024-11-13 16:36
American Public Education, Inc.’s (APEI) stock plunged 7.6% in the after-hour trading session after it reported mixed results for third-quarter 2024. Its earnings handily beat the Zacks Consensus Estimate and improved from the previous year.Revenues missed the analysts’ expectations but increased year over year on the back of contributions from the American Public University System (“APUS”), Hondros College of Nursing (“HCN”) and Rasmussen University ("RU") segments. Yet, lower revenues from Graduate School ...
Compared to Estimates, American Public Education (APEI) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-11-13 15:30
For the quarter ended September 2024, American Public Education (APEI) reported revenue of $153.12 million, up 1.5% over the same period last year. EPS came in at $0.04, compared to $0.02 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $153.62 million, representing a surprise of -0.32%. The company delivered an EPS surprise of +300.00%, with the consensus EPS estimate being $0.01.While investors scrutinize revenue and earnings changes year-over-year and how they comp ...
American Public Education(APEI) - 2024 Q3 - Earnings Call Transcript
2024-11-13 03:07
American Public Education, Inc. (NASDAQ:APEI) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Brian Prenoveau - IR Angela Selden - President and CEO Rick Sunderland - EVP and CFO Steve Somers - SVP, Chief Strategy and Corporate Development Officer Conference Call Participants Raj Sharma - B. Riley Securities Jasper Bibb - Truist Securities Matt Filek - William Blair Operator Thank you for standing by. My name is Pam, and I will be your conference operator today. At this ti ...
American Public Education (APEI) Tops Q3 Earnings Estimates
ZACKS· 2024-11-12 23:16
American Public Education (APEI) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 300%. A quarter ago, it was expected that this for-profit education company would post earnings of $0.01 per share when it actually produced earnings of $0.01, delivering no surprise.Over the last four qu ...
American Public Education(APEI) - 2024 Q3 - Quarterly Report
2024-11-12 21:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $.01 par value APEI Nasdaq Global Select Market FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to __ ...
American Public Education(APEI) - 2024 Q3 - Quarterly Results
2024-11-12 21:01
Exhibit 99.1 American Public Education Reports Third Quarter 2024 Financial Results Net Income & Adjusted EBITDA Performance Driven by Further Stabilization and Improvement in Rasmussen and Hondros Segments CHARLES TOWN, W.V. – November 12, 2024 -- American Public Education, Inc. (Nasdaq: APEI), a portfolio of education companies providing online and campus-based postsecondary education and career learning to over 125,000 students through four subsidiary institutions, has reported unaudited financial and op ...
American Public Education Reports Third Quarter 2024 Financial Results
Prnewswire· 2024-11-12 21:01
Net Income & Adjusted EBITDA Performance Driven by Further Stabilization and Improvement in Rasmussen and Hondros SegmentsCHARLES TOWN, W.Va., Nov. 12, 2024 /PRNewswire/ -- American Public Education, Inc. (Nasdaq: APEI), a portfolio of education companies providing online and campus-based postsecondary education and career learning to over 125,000 students through four subsidiary institutions, has reported unaudited financial and operational results for the third quarter ended September 30, 2024.Key Third Q ...