American Public Education Q4 2023 Adj EPS $0.760 Beats $0.140 Estimate, Sales $152.804M Beat $150.475M Estimate
Portfolio Pulse from Benzinga Newsdesk
American Public Education (APEI) reported Q4 2023 adjusted EPS of $0.760, surpassing the $0.140 estimate, with sales of $152.804M also beating the $150.475M estimate. This represents a 0.24% increase in sales compared to the same period last year.
March 05, 2024 | 9:09 pm
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American Public Education reported a significant beat on both EPS and sales estimates for Q4 2023, indicating strong financial performance.
The substantial beat on both earnings per share (EPS) and sales estimates for Q4 2023 suggests that American Public Education is performing significantly better than expected. This outperformance, especially the 442.86% beat on the EPS estimate, is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price. The year-over-year sales growth, although modest, further confirms the company's growth trajectory.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100