Aspen GroupASPU stock rose by 3.73% on Wednesday after the company reported its Q1 earnings results on Tuesday, September 14, 2021 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Aspen Group beat their estimated earnings by 40.0%, which surprised analysts.
Revenue was up $4,265,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02, which was followed by a 7.68% drop in the share price the next day.
Here's a look at Aspen Group's past performance and the resulting price change:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|
| EPS Estimate | -0.05 | -0.05 | -0.04 | -0.03 | -0.05 |
| EPS Actual | -0.03 | -0.03 | -0.09 | -0.05 | 0 |
| Price Change % | 3.73% | -7.68% | -9.79% | -2.27% | 0.5% |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Aspen Group earnings and revenue guidance hasn't been issued for now.
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
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