$0.15 EPS Expected for Bridgepoint Education Inc (BPI) This Quarter

Wall Street analysts expect Bridgepoint Education Inc (NYSE:BPI) to post $0.15 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Bridgepoint Education’s earnings, with the lowest EPS estimate coming in at $0.12 and the highest estimate coming in at $0.17. Bridgepoint Education reported earnings per share of $0.21 during the same quarter last year, which suggests a negative year over year growth rate of 28.6%. The firm is scheduled to report its next earnings report on Wednesday, July 25th.

According to Zacks, analysts expect that Bridgepoint Education will report full-year earnings of $0.24 per share for the current fiscal year, with EPS estimates ranging from $0.17 to $0.30. For the next financial year, analysts anticipate that the business will post earnings of $0.34 per share, with EPS estimates ranging from $0.23 to $0.45. Zacks’ earnings per share averages are a mean average based on a survey of research firms that that provide coverage for Bridgepoint Education.

Bridgepoint Education (NYSE:BPI) last announced its quarterly earnings data on Tuesday, May 1st. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.11). The business had revenue of $118.00 million during the quarter, compared to analyst estimates of $118.50 million. Bridgepoint Education had a net margin of 0.63% and a return on equity of 7.03%. The firm’s revenue for the quarter was down 8.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.23 earnings per share.

A number of research analysts have recently issued reports on BPI shares. Zacks Investment Research raised Bridgepoint Education from a “sell” rating to a “hold” rating in a research note on Tuesday, April 24th. ValuEngine downgraded Bridgepoint Education from a “hold” rating to a “sell” rating in a research note on Monday, April 2nd. Finally, Barrington Research reaffirmed a “buy” rating on shares of Bridgepoint Education in a research report on Wednesday, March 14th. Three equities research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $11.25.

Shares of Bridgepoint Education traded down $0.18, reaching $7.17, during midday trading on Wednesday, MarketBeat.com reports. The company’s stock had a trading volume of 189,444 shares, compared to its average volume of 170,191. The company has a market capitalization of $197.77 million, a price-to-earnings ratio of 12.46, a P/E/G ratio of 3.08 and a beta of 2.08. Bridgepoint Education has a fifty-two week low of $5.31 and a fifty-two week high of $15.40.

A number of institutional investors have recently modified their holdings of BPI. California Public Employees Retirement System increased its holdings in Bridgepoint Education by 112.4% during the 4th quarter. California Public Employees Retirement System now owns 251,625 shares of the company’s stock worth $2,088,000 after purchasing an additional 133,159 shares in the last quarter. Schroder Investment Management Group increased its holdings in Bridgepoint Education by 257.1% during the 4th quarter. Schroder Investment Management Group now owns 3,196,285 shares of the company’s stock worth $26,529,000 after purchasing an additional 2,301,188 shares in the last quarter. Two Sigma Investments LP increased its holdings in Bridgepoint Education by 672.5% during the 4th quarter. Two Sigma Investments LP now owns 337,116 shares of the company’s stock worth $2,798,000 after purchasing an additional 293,478 shares in the last quarter. Fuller & Thaler Asset Management Inc. bought a new stake in Bridgepoint Education during the 4th quarter worth approximately $2,209,000. Finally, Two Sigma Advisers LP increased its holdings in Bridgepoint Education by 178.3% during the 4th quarter. Two Sigma Advisers LP now owns 296,596 shares of the company’s stock worth $2,462,000 after purchasing an additional 190,038 shares in the last quarter. 81.71% of the stock is owned by institutional investors and hedge funds.

Bridgepoint Education Company Profile

Bridgepoint Education, Inc, together with its subsidiaries, provides postsecondary education services in the United States. Its academic institutions, Ashford University and University of the Rockies, offer associate's, bachelor's, master's, and doctoral degree programs in the disciplines of business, education, psychology, social sciences, and health sciences.

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Earnings History and Estimates for Bridgepoint Education (NYSE:BPI)

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