Education Management Corp (EDMC) Updates FY13 Earnings Guidance
Education Management Corp (EDMC) issued an update on its FY13 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $0.43-0.50 for the period. Education Management Corp also updated its Q2 guidance to $0.18-0.19 EPS.
Shares of Education Management Corp (EDMC) traded up 0.63% during mid-day trading on Wednesday, hitting $3.18. Education Management Corp (EDMC) has a one year low of $2.84 and a one year high of $29.90. The company’s market cap is $395.8 million.
Education Management Corp last issued its quarterly earnings data on Wednesday, October 31st. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.04. Education Management Corp’s revenue was down 10.6% compared to the same quarter last year. Analysts expect that Education Management Corp (EDMC) will post $0.48 EPS for the current fiscal year.
Education Management Corporation (EDMC) is a provider of post-secondary education in North America, with approximately 136,000 enrolled students as of October 2009.
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