American Public Education Down 18.07% To $12.83 After Earnings Miss

Wednesday, August 10, 2022 - American Public Education (APEI) reported downside earnings and revenues today.

The consensus among analysts for American Public Education was for an earnings per share (EPS) of $0.05. The firm failed to meet those projections, reporting an EPS loss of $0.06 per share, a negative surprise of $0.11 (-220%). Profits fell 300% year-over-year after reporting an EPS of $0.03 in its year-ago quarter. The negative growth rate signals that the Consumer Defensive company isn't performing well amid current economic conditions.

Analyst projections for American Public Education revenue came in at a consensus of $152.1 million. Second-Quarter revenues missed estimates for $149.6 million by $2.5 million (2%). The company achieved 92% growth year-over-year compared to the firm's revenue of $78 million from the year-ago quarter. The lower earnings growth relative to revenue signals American Public Education has not been able to improve its profit margin.

The stock is down 18.07% to $12.83 after the report.

Despite revenues increasing, earnings decreased, signaling a decline in profit margins.

The average recommendation from Wall Street analysts was a Strong Buy which may get revised based on this new data.

Trading in the five days leading up to the report earned American Public Education a Neutral Sentiment Rank from InvestorsObserver.

American Public Education has performed a little below average during the past few months. Before the report, American Public Education received a Long-Term Technical Rank by InvestorsObserver of 27, putting it in the bottom half of stocks. The firm was recently trading at a 52-week low of $12.82 on May 12, 2022 and set a 52-week high on August 12, 2021 at $28.4.

American Public Education Inc provides online and on-campus postsecondary education including various undergraduate and graduate degree programs. The fields of study include business administration, health science, technology, criminal justice, education, liberal arts, national security, military studies, intelligence, and homeland security. There are three reporting segments: the American Public Education segment which is the key revenue generator; the Rasmussen University Segment and the Hondros College of Nursing segment. The revenue is generated from net course registrations and enrollment, tuition rate, net tuition, and other fees.