Capella Education Company (CPLA) reported quarterly earnings results on Tuesday, Jul-26-2016. The company said it had a profit of $0.93 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.09. Analysts had a consensus of $0.84. The company posted revenue of $106.70 million in the period, compared to analysts expectations of $105.93 million. The company’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 EPS.
Capella Education Company opened for trading at $56.43 and hit $57.37 on the upside on Wednesday, eventually ending the session at $56.86, with a gain of 0.69% or 0.39 points. The heightened volatility saw the trading volume jump to 56,853 shares. Company has a market cap of $664 M.
In a different news, on May 19, 2016, Darrell R Tukua (director) sold 250 shares at $52.23 per share price. According to the SEC, on Apr 20, 2016, Stephen G Shank (director) sold 5,650 shares at $50.95 per share price. On Aug 28, 2015, J Kevin Gilligan (CEO) purchased 1,000 shares at $47.48 per share price, according to the Form-4 filing with the securities and exchange commission.
Capella Education Company is an online postsecondary education services company. The Companys academic programs are delivered through its wholly owned subsidiary Capella University (the University) an online academic institution offering online postsecondary education services primarily to working adults. The University offers a variety of doctoral masters and bachelors programs in the public service leadership nursing and health sciences behavioral health and human services business management and information technology and education markets. The Company also offers educational programming through its other subsidiaries: Resource Development International (RDI) an independent provider of United Kingdom university distance learning qualifications; Sophia Learning LLC (Sophia) a social teaching and learning platform that integrates education with technology and Capella Learning Solutions (CLS) a provider of online training solutions and services to corporate partners.