Wall Street analysts forecast that American Public Education (APEI) will report quarterly earnings of $0.61 per share in its upcoming release, pointing to a year-over-year increase of 48.8%. It is anticipated that revenues will amount to $173.8 million, exhibiting an increase of 5.6% 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 announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific American Public Education metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus among analysts is that 'Total Student Enrollment - Rasmussen University (RU)' will reach 15,496 . Compared to the current estimate, the company reported 14,500 in the same quarter of the previous year.
Analysts forecast 'Total Student Enrollment - Hondros College, Nursing Programs (HCN)' to reach 4,174 . The estimate is in contrast to the year-ago figure of 3,600 .
The consensus estimate for 'Net course registrations' stands at 106,600 . Compared to the present estimate, the company reported 102,500 in the same quarter last year.
View all Key Company Metrics for American Public Education here>>>Over the past month, shares of American Public Education have returned -3.1% versus the Zacks S&P 500 composite's +11.4% change. Currently, APEI carries a Zacks Rank #1 (Strong Buy), suggesting that it may outperform. the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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American Public Education, Inc. (APEI): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).