American Public (APEI) Stock Dips Despite Q1 Earnings Beat

American Public Education, Inc. (APEI) delivered strong results for first-quarter 2024. The bottom line handily surpassed the Zacks Consensus Estimate and significantly improved from the previous year.Revenues also beat the analysts’ expectations and jumped year over year, on the back of contributions from the American Public University System (“APUS”) and Hondros College of Nursing (“HCN”) segment. Yet, lower revenues from Rasmussen University ("RU") and Graduate School ("GSUSA") partially offset the growt ...