American Public Education Q1 2024 GAAP EPS $(0.06) Beats $(0.19) Estimate, Sales $154.432M Beat $152.350M Estimate
Portfolio Pulse from Benzinga Newsdesk
American Public Education (APEI) reported Q1 2024 earnings with a smaller loss per share of $(0.06) compared to the expected $(0.19), and sales of $154.432M, surpassing the $152.350M estimate. This represents an improvement over the previous year's performance in both earnings and sales.
May 07, 2024 | 8:06 pm
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American Public Education reported a significant beat on both earnings and sales estimates for Q1 2024, showing improvement over the previous year.
Beating earnings and sales estimates typically leads to positive investor sentiment, potentially driving up the stock price in the short term. The significant improvement over the previous year's losses and the beat on sales estimates suggest a strong performance that could attract more investors.
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