American Public Education Expects Q2 Consolidated Revenue Of $153M-$155M (Est $150.125M), EPS Of ($0.11) - $0.05 (Est $0.01)
Portfolio Pulse from Benzinga Newsdesk
American Public Education anticipates Q2 consolidated revenue between $153M-$155M, surpassing the estimated $150.125M. The EPS is projected to range from ($0.11) to $0.05, compared to the estimated $0.01.
May 07, 2024 | 9:11 pm
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POSITIVE IMPACT
American Public Education projects higher Q2 revenue than expected and a wide EPS range that could potentially outperform the modest estimate.
The positive revenue forecast exceeding analyst expectations suggests a strong financial performance for the quarter, likely leading to a positive short-term impact on APEI's stock price. The EPS range, while broad, indicates potential for outperformance against a low estimate, further supporting a positive outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100