American Public Education, Inc. ($APEI) 3Q20 Earnings Preview

American Public Education, Inc. (NASDAQ:APEI) is expected to report third quarter earnings results, after market close, on Monday 9th November 2020.

Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.15 per share from revenue of $ 78.07 million.

Looking ahead, the full year income are expected at $ 1.21 per share on the revenues of $ 317.93 million.

The Company Outlook

Earnings for 3Q20 are anticipated in a range of $ 0.05 ~ $ 0.10 per share, while revenues are expected in a range of $ 74.68 million ~ $ 77.39 million

Click Here For More Historical Outlooks Of American Public Education, Inc.

Previous Quarter Performance

American Public Education, Inc. unwinded income for the second quarter of $ 0.45 per share, from the revenue of $ 82.13 million. The quarterly earnings extended 50.00 percent compared with the same quarter last year. According to street consensus, APEI was expected to report 2Q20 income of $ 0.24 per share from revenue of $ 77.87 million. The bottom line results beat street analysts by $ 0.21 or 87.50 percent, at the same time, top line results outshined analysts by $ 4.26 million or 5.47 percent.

Stock Performance

On Friday, shares of American Public Education, Inc. has traded high as $ 29.92 and has cracked $ 28.90 on the downward trend, reaching $ 29.20 with volume of 49.60 thousand shares.

According to the previous trading day, closing price of $ 29.20, representing a 61.88 % increase from the 52 week low of $ 18.47 and a 27.23 % decrease over the 52 week high of $ 41.09.

The company has a market capital of $ 432.07 million and is part of the Consumer Defensive sector and Education & Training Services industry.

Conference Call

American Public Education, Inc. will be hosting a conference call at 5:00 PM eastern time on 9th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.apei.com

American Public Education, Inc., together with its subsidiaries, provides online and campus-based postsecondary education. The company operates in two segments, American Public Education and Hondros College of Nursing. It offers 110 degree programs and 109 certificate programs in various fields of study, including business administration, health science, technology, criminal justice, education, and liberal arts, as well as national security, military studies, intelligence, and homeland security.

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