American Public Education Stock Earnings Reports
American Public Education Earnings Calls
Release date | Mar 06, 2025 |
EPS estimate | $0.540 |
EPS actual | $0.630 |
EPS Surprise | 16.67% |
Revenue estimate | 161.7M |
Revenue actual | 164.11M |
Revenue Surprise | 1.49% |
Release date | Nov 12, 2024 |
EPS estimate | $0.0270 |
EPS actual | $0.0400 |
EPS Surprise | 48.15% |
Revenue estimate | 161.775M |
Revenue actual | 153.122M |
Revenue Surprise | -5.35% |
Release date | Aug 06, 2024 |
EPS estimate | -$0.0017 |
EPS actual | $0.0100 |
EPS Surprise | 698.80% |
Revenue estimate | 154.09M |
Revenue actual | 152.895M |
Revenue Surprise | -0.776% |
Release date | May 07, 2024 |
EPS estimate | -$0.190 |
EPS actual | -$0.0600 |
EPS Surprise | 68.42% |
Revenue estimate | 152.35M |
Revenue actual | 154.432M |
Revenue Surprise | 1.37% |
Last 4 Quarters for American Public Education
Below you can see how APEI performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Release date | May 07, 2024 |
Fiscal end date | Mar 31, 2024 |
Price on release | $15.18 |
EPS estimate | -$0.190 |
EPS actual | -$0.0600 |
EPS surprise | 68.42% |
Date | Price |
---|---|
May 01, 2024 | $13.82 |
May 02, 2024 | $14.37 |
May 03, 2024 | $15.08 |
May 06, 2024 | $15.58 |
May 07, 2024 | $15.18 |
May 08, 2024 | $17.87 |
May 09, 2024 | $18.80 |
May 10, 2024 | $17.84 |
May 13, 2024 | $18.56 |
4 days before | 9.84% |
4 days after | 22.27% |
On release day | 17.72% |
Change in period | 34.30% |
Release date | Aug 06, 2024 |
Fiscal end date | Jun 30, 2024 |
Price on release | $17.07 |
EPS estimate | -$0.0017 |
EPS actual | $0.0100 |
EPS surprise | 698.80% |
Date | Price |
---|---|
Jul 31, 2024 | $19.96 |
Aug 01, 2024 | $18.47 |
Aug 02, 2024 | $17.74 |
Aug 05, 2024 | $17.27 |
Aug 06, 2024 | $17.07 |
Aug 07, 2024 | $12.30 |
Aug 08, 2024 | $13.26 |
Aug 09, 2024 | $13.65 |
Aug 12, 2024 | $13.45 |
4 days before | -14.48% |
4 days after | -21.21% |
On release day | -27.94% |
Change in period | -32.62% |
Release date | Nov 12, 2024 |
Fiscal end date | Sep 30, 2024 |
Price on release | $17.32 |
EPS estimate | $0.0270 |
EPS actual | $0.0400 |
EPS surprise | 48.15% |
Date | Price |
---|---|
Nov 06, 2024 | $16.87 |
Nov 07, 2024 | $17.35 |
Nov 08, 2024 | $17.30 |
Nov 11, 2024 | $17.76 |
Nov 12, 2024 | $17.32 |
Nov 13, 2024 | $19.85 |
Nov 14, 2024 | $18.45 |
Nov 15, 2024 | $18.32 |
Nov 18, 2024 | $19.05 |
4 days before | 2.67% |
4 days after | 9.99% |
On release day | 14.61% |
Change in period | 12.92% |
Release date | Mar 06, 2025 |
Fiscal end date | Dec 31, 2024 |
Price on release | $19.25 |
EPS estimate | $0.540 |
EPS actual | $0.630 |
EPS surprise | 16.67% |
Date | Price |
---|---|
Feb 28, 2025 | $21.16 |
Mar 03, 2025 | $20.39 |
Mar 04, 2025 | $20.12 |
Mar 05, 2025 | $20.28 |
Mar 06, 2025 | $19.25 |
Mar 07, 2025 | $23.50 |
Mar 10, 2025 | $22.92 |
Mar 11, 2025 | $23.05 |
Mar 12, 2025 | $21.83 |
4 days before | -9.03% |
4 days after | 13.40% |
On release day | 22.08% |
Change in period | 3.17% |
American Public Education Earnings Call Transcript Summary of Q4 2024
(APEI) Q4 & Full Year 2024 Earnings Call
Financial Performance
- Q4 2024 Results:
- Revenue: $164.1 million, up 7.4% year-over-year.
- Adjusted EBITDA: $31.4 million, representing a 22.2% increase from the previous year.
- Net income per common share: $0.63, slightly down from $0.64 year-over-year.
- Full Year 2024 Results:
- Total revenue: $624 million, exceeding initial guidance.
- Adjusted EBITDA: $72.3 million, above both original and revised guidance ranges.
- Capital expenditures in line with guidance.
Enrollment Highlights
- Rasmussen University:
- Achieved a 4% year-over-year enrollment growth, with positive adjusted EBITDA of $5.5 million in Q4.
- Enrollment trends are improving, with a 7% increase noted in Q1 2025.
- Hondros College:
- Strong enrollment growth of 19% in Q4 year-over-year, with continued momentum into Q1 2025.
- American Public University System (APUS):
- 7% increase in net course registrations for Q4, with military-affiliated registrations contributing significantly to growth.
Strategic Initiatives
- Simplification Plans:
- APEI plans to consolidate its three degree-granting institutions into a single entity, "American Public University System," projected to complete by Q4 2025.
- Aiming for cost and revenue synergies through consolidation, although this move is not primarily a cost-cutting initiative.
- Focus on Growth:
- 2025 guidance anticipates revenue between $650 million and $660 million and adjusted EBITDA between $75 million and $85 million.
- Expected growth drivers include expansion in nursing programs and optimization of marketing strategies.
- Operational Changes:
- Restructured advertising efforts to focus on organic leads, reducing overall marketing spend while boosting enrollment conversions.
Guidance and Outlook
- First Quarter 2025 Expectations:
- Revenue projected between $161 million and $163 million.
- Adjusted EBITDA expected between $13.5 million and $15.5 million, with factors like increased marketing spending and higher labor costs impacting margins.
- Long-term Growth Potential:
- APEI sees significant opportunities in expanding educational offerings, particularly in nursing and military-related programs, supported by market demand and an ongoing nurse shortage.
Conclusion
APEI's 2024 performance exceeded expectations, underscoring a positive trajectory with growth in enrollments and financial metrics. The planned consolidation and focus on marketing efficiency indicate a strategy aimed at long-term stability and profitability. Investors should note the robust guidance for 2025 and the company's commitment to enhancing educational value while addressing market demands.