Capella Education Misses Estimates, Falls 15.8% (CPLA)

Shares of Minneapolis, Minnesota-based Capella Education Company CPLA are trading down 15.8% at $53.32 per share during the Tuesday afternoon trading session. The day's trading range for shares of Capella Education Company has been between $52.05 and $56.84 per share. Analysts covering the company's stock give it a consensus price target of $66.46 per share. Volume of 1.5 million shares is far above the daily average volume of 234,000 shares. Capella Education Company (CPLA) announced on Tuesday morning that it failed to meet consensus Wall Street expectations. Capella Education Company announced 4th quarter earnings per share of $1.09, on revenue of $114.7 million. According to a survey of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of $1.10 per share, on revenue of $114.39 million. Capella Education Company offers online graduate degree programs in business, counseling, education, health administration, human services, information technology, nursing, psychology, public administration, public health, public safety, and social work, and bachelor's degree programs in business, information technology, nursing, psychology, public administration, and public safety. Read more from Benzinga's Company news.