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American Public Education Sees FY24 Revenue $620M-$625M Vs $622.52M Estimate

Benzinga ·  Nov 12 16:21

Fourth Quarter and Full Year 2024 Outlook

The following statements are based on APEI's current expectations. These statements are forward-looking and actual results may differ materially. APEI undertakes no obligation to update publicly any forward-looking statements for any reason unless required by law. Refer to APEI's earnings conference call and presentation for further details.


Fourth Quarter 2024 Guidance

(Approximate)(% Yr/Yr Change)
APUS Net course registrations94,400 to 96,1004% to 6%
HCN Student enrollment3,70019 %
RU Student enrollment14,6004 %
- On-ground Healthcare6,300-3 %
- Online8,3009 %



($ in millions except EPS)

APEI Consolidated revenue$159.0 – $164.04% to 8%
APEI Net loss/income available to common stockholders$9.0 – $11.0(20%) – (4.0%)
APEI Adjusted EBITDA$23.0 – $26.0(10%) to 2%
APEI Diluted EPS$0.47 – $0.56(26%) to (13%)




Full Year 2024 Guidance

(Approximate)(% Yr/Yr Change)
($ in millions)

APEI Consolidated Revenue$620 – $6253% to 4%
APEI Net income available to common stockholders$7-$9n.m.
APEI Adjusted EBITDA$64 – $677% to 12%
APEI Capital Expenditure (CapEx)$19 – $2237% to 58%
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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