American Public Education Q3 revenue beats estimates on Health+ segment growth
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
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Nov 6 - Canada's Constellation Software Q3 revenue slightly beats estimates on acquisitions
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(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.)