Compared to Estimates, American Public Education (APEI) Q3 Earnings: A Look at Key Metrics

By Zacks Equity Research | November 10, 2025, 6:30 PM

American Public Education (APEI) reported $163.22 million in revenue for the quarter ended September 2025, representing a year-over-year increase of 6.6%. EPS of $0.30 for the same period compares to $0.04 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $160.62 million, representing a surprise of +1.62%. The company delivered an EPS surprise of +433.33%, with the consensus EPS estimate being -$0.09.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how American Public Education performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Total Student Enrollment - Rasmussen University (RU): 14,900 versus the two-analyst average estimate of 14,900.
  • Total Student Enrollment - Hondros College, Nursing Programs (HCN): 3,700 versus the two-analyst average estimate of 3,701.
  • Net course registrations: 96,400 compared to the 97,581 average estimate based on two analysts.
  • Revenues- Rasmussen University (RU): $60.83 million compared to the $58.24 million average estimate based on two analysts. The reported number represents a change of +15.6% year over year.
  • Revenues- Hondros College, Nursing Programs (HCN): $18.44 million compared to the $18.16 million average estimate based on two analysts. The reported number represents a change of +19% year over year.
  • Revenues- American Military & Public University (APUS): $83.14 million versus $80.11 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +8% change.

View all Key Company Metrics for American Public Education here>>>

Shares of American Public Education have returned -16.1% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report


 
American Public Education, Inc. (APEI): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Latest News

4 hours
8 hours
17 hours
Nov-10
Nov-10
Nov-10
Nov-10
Nov-07
Nov-06
Oct-31
Oct-27
Oct-20
Oct-13
Oct-07
Oct-02