Bridgepoint Education, Inc. (NYSE:BPI) Scheduled to Post Quarterly Earnings on Wednesday
Bridgepoint Education, Inc. (NYSE:BPI) is scheduled to be releasing its earnings data after the market closes on Wednesday, July 26th. Analysts expect Bridgepoint Education to post earnings of $0.23 per share for the quarter.
Bridgepoint Education (NYSE:BPI) last posted its quarterly earnings data on Tuesday, May 2nd. The company reported $0.23 earnings per share for the quarter. The firm had revenue of $129.49 million during the quarter, compared to analysts’ expectations of $125 million. Bridgepoint Education had a positive return on equity of 7.58% and a negative net margin of 1.92%. On average, analysts expect Bridgepoint Education to post $0.61 EPS for the current fiscal year and $0.55 EPS for the next fiscal year.
Shares of Bridgepoint Education, Inc. (NYSE BPI) opened at 13.79 on Wednesday. The stock has a 50 day moving average price of $14.15 and a 200-day moving average price of $12.02. The firm’s market cap is $396.97 million. Bridgepoint Education, Inc. has a 52-week low of $5.38 and a 52-week high of $15.85.
In other Bridgepoint Education news, insider Russell Sakamoto sold 5,796 shares of the company’s stock in a transaction on Wednesday, May 10th. The shares were sold at an average price of $14.89, for a total value of $86,302.44. Following the completion of the transaction, the insider now owns 14,885 shares in the company, valued at $221,637.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Andrew S. Clark sold 54,076 shares of the company’s stock in a transaction on Wednesday, June 14th. The shares were sold at an average price of $13.86, for a total transaction of $749,493.36. Following the completion of the transaction, the chief executive officer now owns 146,807 shares of the company’s stock, valued at approximately $2,034,745.02. The disclosure for this sale can be found here. Insiders sold 64,096 shares of company stock valued at $899,578 in the last 90 days. 41.50% of the stock is currently owned by insiders.
A number of brokerages recently commented on BPI. Zacks Investment Research downgraded shares of Bridgepoint Education from a “buy” rating to a “hold” rating in a research note on Friday, April 28th. BidaskClub downgraded shares of Bridgepoint Education from a “strong-buy” rating to a “buy” rating in a research note on Thursday, July 6th.
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About Bridgepoint Education
Bridgepoint Education, Inc (Bridgepoint) is a provider of postsecondary education services. The Company’s academic institutions include Ashford University and University of the Rockies. Bridgepoint’s institutions conduct ongoing faculty and student assessment processes, and provide a range of student services.
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