American Public Q3 Earnings Beat Estimates, 2024 Revenue View Lowered

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 ...