Capella beats 4Q profit forecasts

Capella Education posts 4Q profit of $11.4 million, result tops expectations

MINNEAPOLIS (AP) _ Capella Education Co. (CPLA) on Tuesday reported fourth-quarter earnings of $11.4 million.

On a per-share basis, the Minneapolis-based company said it had net income of 97 cents.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 95 cents per share.

The for-profit education company posted revenue of $111.3 million in the period.

For the year, the company reported profit of $43 million, or $3.62 per share. Revenue was reported as $429.4 million.

Capella shares have declined roughly 5 percent since the beginning of the year. The stock has climbed 92 percent in the last 12 months.

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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 CPLA at https://www.zacks.com/ap/CPLA

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Keywords: Capella Education, Earnings Report

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