American Public Education: Q3 Earnings Snapshot

CHARLES TOWN, W.Va. (AP) — CHARLES TOWN, W.Va. (AP) — American Public Education Inc. (APEI) on Monday reported third-quarter earnings of $5.9 million.

On a per-share basis, the Charles Town, West Virginia-based company said it had profit of 32 cents.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share.

The for-profit education company posted revenue of $169.1 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $166.1 million.

American Public Education shares have increased slightly more than 3% since the beginning of the year. In the final minutes of trading on Monday, shares hit $39.09, a rise of 26% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on APEI at https://www.zacks.com/ap/APEI