Aspen Group (ASPU) Scheduled to Post Quarterly Earnings on Monday

Aspen Group (NASDAQ:ASPU) will be announcing its earnings results after the market closes on Monday, December 10th. Analysts expect the company to announce earnings of ($0.13) per share for the quarter.

Aspen Group (NASDAQ:ASPU) last issued its earnings results on Thursday, September 6th. The technology company reported ($0.15) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.12) by ($0.03). The company had revenue of $7.22 million during the quarter, compared to the consensus estimate of $7.19 million. Aspen Group had a negative return on equity of 31.50% and a negative net margin of 36.53%. On average, analysts expect Aspen Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of ASPU stock opened at $5.67 on Monday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.80 and a current ratio of 2.81. The stock has a market capitalization of $104.38 million, a price-to-earnings ratio of -14.54 and a beta of 0.90. Aspen Group has a one year low of $5.01 and a one year high of $9.61.

In other Aspen Group news, Director Malcolm F. Iv Maclean acquired 4,909 shares of the company’s stock in a transaction dated Friday, October 5th. The shares were purchased at an average cost of $6.59 per share, for a total transaction of $32,350.31. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders have bought 11,296 shares of company stock worth $77,411. Insiders own 19.40% of the company’s stock.

A number of equities analysts have commented on ASPU shares. Zacks Investment Research upgraded shares of Aspen Group from a “sell” rating to a “hold” rating in a research note on Wednesday, September 26th. ValuEngine downgraded shares of Aspen Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 7th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $10.25.

COPYRIGHT VIOLATION WARNING: “Aspen Group (ASPU) Scheduled to Post Quarterly Earnings on Monday” was originally reported by American Banking News and is the property of of American Banking News. If you are reading this piece of content on another website, it was copied illegally and republished in violation of U.S. & international copyright and trademark law. The original version of this piece of content can be viewed at

About Aspen Group

Aspen Group, Inc provides online higher education services in the United States. The company offers certificate programs; and associate, bachelor's, master's, and doctoral degree programs in a range of areas, including nursing, education, business, technology, management, health sciences, and professional and extended studies.

Further Reading: The risks of owning bonds

Earnings History for Aspen Group (NASDAQ:ASPU)

Receive News & Ratings for Aspen Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aspen Group and related companies with's FREE daily email newsletter.

Leave a Reply