Aspen Group (ASPU) Set to Announce Earnings on Thursday

Aspen Group (NASDAQ:ASPU) is scheduled to be announcing its earnings results after the market closes on Thursday, March 15th. Analysts expect the company to announce earnings of ($0.15) per share for the quarter.

Aspen Group (NASDAQ:ASPU) last released its quarterly earnings results on Wednesday, December 13th. The technology company reported ($0.04) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.01). The business had revenue of $4.85 million for the quarter, compared to the consensus estimate of $4.87 million. Aspen Group had a negative net margin of 11.48% and a negative return on equity of 32.02%. 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 Aspen Group (NASDAQ ASPU) opened at $8.10 on Wednesday. The firm has a market capitalization of $120.78, a P/E ratio of -48.88 and a beta of 0.70. The company has a current ratio of 3.12, a quick ratio of 3.12 and a debt-to-equity ratio of 0.58. Aspen Group has a twelve month low of $3.78 and a twelve month high of $9.61.

A number of equities research analysts have recently weighed in on ASPU shares. Zacks Investment Research raised Aspen Group from a “sell” rating to a “hold” rating in a report on Tuesday, February 6th. Craig Hallum began coverage on Aspen Group in a report on Monday, February 12th. They set a “buy” rating and a $12.00 target price on the stock. Roth Capital boosted their target price on Aspen Group from $9.60 to $12.25 and gave the stock a “buy” rating in a report on Thursday, December 14th. Finally, Taglich Brothers reissued a “speculative buy” rating on shares of Aspen Group in a report on Tuesday, December 19th.

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Aspen Group Company Profile

Aspen Group, Inc is a holding company. The Company’s subsidiary, Aspen University Inc (Aspen), is dedicated to provide the education experiences taught by professors. Aspen offers approximately two monthly payment programs, a monthly payment plan in which students make payments every month over a fixed period (36, 39 or 72 months depending on the degree program) and a monthly installment plan in which students pay over three monthly installments (day 1, day 31 and day 61 after the start of each course).

Earnings History for Aspen Group (NASDAQ:ASPU)

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