Career Education (CECO) Misses Q1 EPS by 6c, provides guidance

Career Education (NASDAQ: CECO) reported Q1 EPS of $0.11, $0.06 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $126.33 million versus the consensus estimate of $132.78 million.

Company Reaffirms 2024 Full Year Guidance

The Company is maintaining its 2024 full year revenue guidance of $590 to $610 million, versus the consensus of $601.1 million, up approximately 10% year over year at the midpoint, Adjusted EBITDA guidance to $67 to $70 million, up approximately 20% year over year at the midpoint, and free cash flow of 50% to 70% of Adjusted EBITDA.

For earnings history and earnings-related data on Career Education (CECO) click here.

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