American Public Education Second Quarter 2024 Earnings: EPS Misses Expectations

American Public Education (NASDAQ:APEI) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$152.9m (up 3.9% from 2Q 2023).
• Net loss: US$1.16m (loss narrowed by 98% from 2Q 2023).
• US$0.066 loss per share (improved from US$2.94 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

American Public Education EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates.

Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Consumer Services industry in the US.

Performance of the American Consumer Services industry.

The company's shares are down 33% from a week ago.

Risk Analysis

We should say that we've discovered 3 warning signs for American Public Education that you should be aware of before investing here.

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