Wall Street analysts forecast that American Public Education (APEI) will report quarterly earnings of $0.54 per share in its upcoming release, pointing to a year-over-year decline of 15.6%. It is anticipated that revenues will amount to $161.57 million, exhibiting an increase of 5.7% compared to the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific American Public Education metrics that are commonly monitored and projected by Wall Street analysts.
Analysts predict that the 'Revenues- Rasmussen University (RU)' will reach $55.05 million. The estimate suggests a change of +4.7% year over year.
Analysts expect 'Revenues- Hondros College, Nursing Programs (HCN)' to come in at $19.16 million. The estimate indicates a change of +21.4% from the prior-year quarter.
The consensus among analysts is that 'Revenues- American Military & Public University (APUS)' will reach $82.14 million. The estimate indicates a change of +3.5% from the prior-year quarter.
View all Key Company Metrics for American Public Education here>>>
Over the past month, American Public Education shares have recorded returns of -4.6% versus the Zacks S&P 500 composite's -1.3% change. Based on its Zacks Rank #3 (Hold), APEI will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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