American Public Education Up 10% After Hours (APEI)

American Public Education, Inc. APEI announced after the market closed on Monday that it beat consensus Wall Street estimates. American Public Education, Inc reported that its 3rd quarter net income rose 11% to $5.6 million, or 30 cents per share, up from $5 million, or 27 cents per, a year earlier. The company's revenue climbed 32% to $48.3 million, up from $36.5 million a year earlier. According to a survey of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 29 cents per share, on revenue of $47.31 million. American Public Education, Inc. (APEI) closed Monday trading at $27.07 per share, then rose 10% to $29.80 per share during after hours trading. Analysts covering the company's stock give it a consensus price target of $36.58 per share. Read more from Benzinga's Company news.