Aspen Group (ASPU) Set to Announce Earnings on Wednesday

Aspen Group (NASDAQ:ASPU) is scheduled to release its earnings data after the market closes on Wednesday, December 13th. Analysts expect Aspen Group to post earnings of ($0.03) per share for the quarter.

Aspen Group (NASDAQ:ASPU) last issued its quarterly earnings data on Thursday, September 14th. The technology company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.03). Aspen Group had a negative return on equity of 29.44% and a negative net margin of 8.69%. The company had revenue of $4.24 million for the quarter, compared to analysts’ expectations of $4.11 million. 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 $8.15 on Wednesday. Aspen Group has a 12-month low of $2.76 and a 12-month high of $9.25. The company has a quick ratio of 4.16, a current ratio of 4.16 and a debt-to-equity ratio of 0.55.

Several research firms recently commented on ASPU. Zacks Investment Research downgraded shares of Aspen Group from a “hold” rating to a “sell” rating in a research report on Thursday, August 10th. Roth Capital began coverage on shares of Aspen Group in a research report on Friday, October 6th. They issued a “buy” rating and a $10.00 price target for the company.

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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).

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