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Phoenix Education: Fiscal Q3 Earnings Snapshot
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PHOENIX (AP) — PHOENIX (AP) — Phoenix Education Partners, Inc. (PXED) on Tuesday reported fiscal third-quarter net income of $39.2 million.

The Phoenix-based company said it had profit of $1.01 per share. Earnings, adjusted for one-time gains and costs, came to $1.43 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.

The provider of online higher education posted revenue of $271.8 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $270.4 million.

Phoenix Education expects full-year revenue of $1.02 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PXED at https://www.zacks.com/ap/PXED

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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