American Public Education Q3 revenue beats estimates on Health+ segment growth

By Reuters News


Overview

  • US online education provider's Q3 revenue rose 3.6% yr/yr, beating analyst expectations

  • Q3 net income and adjusted EPS increased yr/yr

  • Growth driven by higher healthcare enrollments and tuition increases in Health+ segment


Outlook

  • Company raises full-year 2026 revenue guidance to $695.0-$701.0 mln from $648.9 mln

  • APEI expects full-year 2026 diluted EPS of $2.59-$2.84, up from $1.36 in 2025

  • Company sees Q4 2026 revenue between $179.4 mln and $185.4 mln


Result Drivers

  • HEALTH+ ENROLLMENTS - Co said Health+ segment growth was driven by increased healthcare enrollments and modest tuition increases

  • INSTITUTIONAL COMBINATION - Co began partial operations as a single accredited institution, which management said is expected to support long-term growth

  • MARKETING INVESTMENT - Co increased selling and promotional expenses to support registration and enrollment growth


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

Beat

$169.10 mln

$165.79 mln (8 Analysts)


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the miscellaneous educational service providers peer group is "buy"

  • Wall Street's median 12-month price target for American Public Education, Inc. is $64.00, about 71.7% above its November 6 closing price of $37.28

  • The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 17 three months ago


Reuters Recommended Reads

  • Nov 9 - Lincoln Educational Q3 revenue rises 13%, beats estimates

  • Nov 9 - Medical tech firm NeurAxis' Q3 revenue jumps on broader insurance coverage

  • Nov 6 - Canada's Constellation Software Q3 revenue slightly beats estimates on acquisitions


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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