November 7-8 Event Includes Keynote from Premier Lacrosse League President Paul Rabil CHARLES TOWN, W.Va., Sept. 12, 2024 /PRNewswire/ -- American Public University System (APUS) and the Policy Studies Organization (PSO) today announced the inaugural Sport United Conference, open to the public, scheduled for November 7-8, 2024. The free, virtual event – which will focus on sport and Esport management – is accepting speaking proposals from experts, scholars, and practitioners until September 30. For detailed ...

A month has gone by since the last earnings report for American Public Education (APEI) . Shares have added about 25.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is American Public Education due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. American Public Q2 Ear ...

文章核心观点 - 美国公共教育公司(APEI)经历了一段艰难时期,主要是由于2021年收购Rasmussen University造成的业绩下滑 [1][2][3] - 但公司近一年来实施了成功的扭转,通过大幅削减Rasmussen业务的成本,稳定了收入,财务业绩开始好转 [4][5] - 公司目前估值较低,仍有较大上涨空间,有望重返25美元以上的股价水平 [7] - 公司内部高管大量增持股票,显示对公司前景的信心 [8] 公司概况 - APEI是一家专注于为在职成人提供职业教育的公司,旗下拥有美国公立大学、美国军事大学等品牌 [2] - 公司通过并购Hondros护理学院和Graduate School USA等方式,进一步拓展了收入来源 [2] - 但收购Rasmussen University却造成了严重的业绩下滑 [3] 业绩表现 - 2021-2023年间,Rasmussen University的学生人数持续下降,给公司整体业绩带来重大冲击 [3] - 2023年第四季度开始,公司通过大幅削减Rasmussen业务成本,稳定了收入,财务业绩开始好转 [5] - 2024年第一季度公司业绩超预期,带动股价大涨 [5] - 2024年第二季度业绩略有下滑,但公司维持全年指引,股价迅速反弹 [6][7] 估值分析 - 目前APEI股价对应2025-2026年预期市盈率仅12.6-11.7倍,明显低于同行 [7] - 若公司能继续执行好扭转计划,有望重返25美元以上的股价水平,甚至有进一步上涨空间 [7] 风险因素 - 如果公司未来业绩再次低于预期,股价可能会再次大幅波动 [9] - 2024年美国总统大选结果可能影响对于营利性教育行业的监管政策,给公司带来不确定性 [9]

CHARLES TOWN, W.Va., Aug. 22, 2024 /PRNewswire/ -- American Public University System (APUS) and the Policy Studies Organization (PSO) welcome space enthusiasts and star gazers far and wide to register for the fifth annual Space Education & Strategic Applications (SESA) conference on Thursday, September 19 and Friday, September 20, 2024, featuring a social media star astronaut, the Chief Master Sergeant of the U.S. Space Force, and the Former James Webb Space Telescope Mission Ops Manager. The virtual confer ...

CHARLES TOWN, W. Va. , Aug. 20, 2024 /PRNewswire/ -- More than 1,000 people registered to attend the virtual conference, "AI and the Future of Education" co-hosted by American Public University System (APUS) and Policy Studies Organization's (PSO) Journal of Online Research and Practice (JOLRAP) and The International Journal of Open Educational Resources (IJOER). People from 19 countries including educators, policymakers, and thought leaders zoomed in for the two-day conference held in early August.During o ...

American Public Education, Inc. (APEI) reported second-quarter 2024, wherein earnings met the Zacks Consensus Estimate and significantly improved from the previous year.Revenues marginally missed the analysts’ expectations but increased year over year on the back of contributions from the American Public University System (“APUS”), Hondros College of Nursing (“HCN”) and Rasmussen University ("RU") segments. Yet, lower revenues from Graduate School ("GSUSA") partially offset the growth.The company has been b ...

财务数据和关键指标变化 - 第二季度收入增长3.9%至1.529亿美元,主要由于APUS、Hondros和Rasmussen的收入增加 [30] - 第二季度调整后EBITDA增长24%至1090万美元,主要由于Rasmussen和APEI公司的运营费用下降 [11] - 第二季度调整后EBITDA利润率扩大118个基点至7.2% [11] 各条业务线数据和关键指标变化 APUS - 第二季度收入增长4.7%至7700万美元,主要由于注册人数增加1.7%和去年第二、三季度的学费和费用上涨 [34][35] - 第二季度EBITDA利润率为25%,较去年同期下降3个百分点,主要由于信息技术员工薪酬和广告成本增加 [35] Rasmussen - 第二季度收入增长2%至5300万美元,主要由于第一季度学费上涨,部分被总学生人数下降2.2%抵消 [36][37] - 第二季度EBITDA亏损收窄至470万美元,较去年同期改善约33% [36] Hondros - 第二季度收入增长15%至1640万美元,主要由于学生人数持续增长和去年的学费上涨 [37][38] - 第二季度EBITDA亏损为40万美元,去年同期为正EBITDA10万美元 [38] 研究生院 - 第二季度收入下降13.3%至650万美元 [39] - 第二季度EBITDA亏损70万美元,去年同期为正EBITDA80万美元 [39] 各个市场数据和关键指标变化 - 第三季度APUS总注册人数预计持平或略有下降,主要由于2023年第四季度营销投入减少导致的滞后影响 [42][43] - 第三季度Rasmussen线下学生人数下降5%,线上学生人数增长4.7%,总计约13,500人,实现首次同比正增长 [43] - 第三季度Hondros学生人数增长10%至约3,100人 [43] 公司战略和发展方向及行业竞争 - 公司正在执行战略举措,稳定并提高APUS和Rasmussen的盈利能力 [47] - Rasmussen已实现首次同比收入和学生人数增长,公司有信心Rasmussen将在2024年第四季度转亏为盈,为2025年及以后奠定基础 [13][24][55][57][60] - 公司在为军人和退伍军人提供高等教育服务方面处于行业领先地位,并专注于高需求行业如护理,有利于抓住行业增长机遇 [27][28][48] - 公司有信心未来几年能继续为学生、股东和社区创造价值 [49] 管理层对经营环境和未来前景的评论 - 管理层对Rasmussen的稳定和增长前景表示乐观,预计2024年第四季度将实现正EBITDA [24][55][57][60] - 管理层认为APUS注册人数下滑是短期现象,将通过调整营销投放来纠正 [63][64][65][66] - 管理层对公司在服务军人和退伍军人、护理等高需求领域的市场地位和发展前景表示乐观 [27][28][48] 其他重要信息 - 公司维持2024年全年收入6.2-6.3亿美元、调整后EBITDA6-7亿美元的指引不变 [45] - 公司现金流状况良好,2024年上半年经营活动现金流增长16%至3.32亿美元,自由现金流增长80%至1.66亿美元 [40] - 公司无负债,资产负债表健康,未动用20亿美元的循环信贷额度 [41] 问答环节重要的提问和回答 问题1 **Raj Sharma提问** 询问Rasmussen业务的EBITDA利润率目标和改善空间 [52][53] **Angela Selden和Steve Somers回答** - 公司预计Rasmussen将在2024年第四季度转亏为盈,2025年及以后EBITDA利润率有望达到5-10%的行业水平 [55][57][58][59][60] - 公司正在采取措施如退出第三方IT服务协议等来降低成本,同时随着Rasmussen收入增长,单位收入的固定成本覆盖率将提高,这将显著提升EBITDA利润率 [56][57] 问题2 **Jasper Bibb提问** 询问Rasmussen在伊利诺斯州的校区情况以及相关监管政策变化 [83][84][87][88] **Angela Selden回答** - 伊利诺斯州校区NCLEX通过率提升较慢,公司正在更新师资和课程以提升成绩 - 伊利诺斯州有新的监管政策,允许公司有2年的缓冲期来提升NCLEX通过率,公司正积极采取措施应对 [88] 问题3 **Unidentified Analyst提问** 询问公司全年业绩指引的上行空间 [70][71][72][73][74][75] **Rick Sunderland和Angela Selden回答** - APUS注册人数恢复速度、Rasmussen和Hondros的实际表现、研究生院业务等因素将影响全年业绩的上行空间 [71][72][73][74][75] - 此外,各业务单元的学费涨价效果也将有利于全年业绩 [75]

For the quarter ended June 2024, American Public Education (APEI) reported revenue of $152.9 million, up 3.9% over the same period last year. EPS came in at $0.01, compared to -$0.25 in the year-ago quarter.The reported revenue represents a surprise of -0.76% over the Zacks Consensus Estimate of $154.06 million. With the consensus EPS estimate being $0.01, the company has not delivered EPS surprise.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...

Nasdaq: APEI Second Quarter 2024 Earnings Presentation Forward Looking Statements Statements made in this presentation regarding American Public Education, Inc. or its subsidiary institutions ("APEI" or the "Company") that are not historical facts are forward-looking statements based on current expectations, assumptions, estimates and projections about APEI and the industry. In some cases, forwardlooking statements can be identified by words such as "anticipate," "believe," "seek," "could," "estimate," "exp ...

American Public Education (APEI) came out with quarterly earnings of $0.01 per share, in line with the Zacks Consensus Estimate. This compares to loss of $0.25 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this for-profit education company would post a loss of $0.19 per share when it actually produced a loss of $0.06, delivering a surprise of 68.42%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Americ ...