American Public Education, Inc. (NASDAQ:APEI) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 4.63%.
American Public Education, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 17.65% to $0.6 in the quarter versus EPS of $0.51 in the year-earlier quarter.
Revenue: Rose 8.49% to $80.9 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: American Public Education, Inc. reported adjusted EPS income of $0.6 per share. By that measure, the company beat the mean analyst estimate of $0.58. It missed the average revenue estimate of $82.69 million.
Key Stats (on next page)…
Revenue decreased 3.51% from $83.84 million in the previous quarter. EPS decreased 4.76% from $0.63 in the previous quarter.
Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.63 to a profit $0.64. For the current year, the average estimate is a profit of $2.64, which is the same with that ninety days ago.
Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)