American Public Education: Q1 Earnings Snapshot
By Ap News
Published - May 07, 2024, 04:48 PM ET
Last Updated - May 27, 2024, 01:01 AM EDT
CHARLES TOWN, W.Va. (AP) — CHARLES TOWN, W.Va. (AP) — American Public Education Inc. (APEI) on Tuesday reported first-quarter net income of $516,000, after reporting a loss in the same period a year earlier.
The Charles Town, West Virginia-based company said it had net loss of 6 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 19 cents per share.
The for-profit education company posted revenue of $154.4 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $152.3 million.
