Education Management Earnings Preview: Can This Streak Continue?
Education Management (NASDAQ:EDMC) will report earnings after markets close on Wednesday, May 1st. Education Management Corporation provides proprietary post-secondary education in the United States. The Company offers, through its operating units, associate’s and bachelor’s degree programs and non-degree programs in the areas of design, media arts, culinary arts, fashion, and professional development.
Here is your Cheat Sheet to Education Management Earnings:
Earnings Expectations: Analysts expect earnings of $0.20 per share on revenues of $630.33 million.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.07 to a loss $0. For the current year, the average estimate is a profit of $0.42, which is better than the estimate ninety days ago.
Here’s how Education Management has been performing on an annual basis:
|Revenue ($) in millions||1,684||2,011||2,509||2,888||2,761|
|Diluted EPS ($)||0.55||0.87||1.22||1.66||-11.97|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||737.19||702.50||639.18||609.56||654.90|
|Diluted EPS ($)||0.49||-3.31||-9.512||-0.11||0.25|
Education Management has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)