American Public Education Stock (NASDAQ: APEI)

American Public Education (NASDAQ:APEI) Stock, Quote.Headers.trade-ideas

American Public Education

American Public Education Inc provides online and on-campus postsecondary education including various undergraduate and graduate degree programs. The fields of study include business administration, health science, technology, criminal justice, education, liberal arts, national security, military studies, intelligence, and homeland security. There are three reporting segments: the American Public University segment which is the key revenue generator; the Rasmussen University Segment and the Hondros College of Nursing segment. The revenue is generated from net course registrations and enrollment, tuition rate, net tuition, and other fees.

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American Public Education, Inc. - Common Stock

American Public Education Inc

Apeiron Capital Investment Corp Ordinary Shares - Class A

Apeiron Capital Investment Corp Warrants(02/04/2026)

A notable insider purchase on September 4, was reported by David Michael Braner, Director at American Public Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APEI#NASDAQ">APEI</a>), based on the most recent SEC filing.
What Happened: In a recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001201792/000106299324016163//Archives/edgar/data/1201792/000106299324016163/0001062993-24-016163-index.htm">U.S. Securities and Exchange Commission</a> on Wednesday, Braner increased their investment in American Public Education by purchasing 17,872 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $299,713.
American Public Education shares are trading up 1.58% at $15.73 at the time of this writing on Thursday morning.
<h3>All You Need to Know About American Public Education</h3>
American Public Education Inc provides online and on-campus postsecondary education including various undergraduate and graduate degree programs. The fields of study include business administration, health science, technology, criminal justice, education, liberal arts, national security, military studies, intelligence, and homeland security. There are three reporting segments: the American Public University segment which is the key revenue generator; the Rasmussen University Segment and the Hondros College of Nursing segment. The revenue is generated from net course registrations and enrollment, tuition rate, net tuition, and other fees.
<h3>Unraveling the Financial Story of American Public Education</h3>
Revenue Growth: Over the 3 months period, American Public Education showcased positive performance, achieving a revenue growth rate of 3.86% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Analyzing Profitability Metrics:
<ul>
<li>
Gross Margin: Achieving a high gross margin of 50.15%, the company performs well in terms of cost management and profitability within its sector.
</li>
<li>
Earnings per Share (EPS): American Public Education's EPS is below the industry average. The company faced challenges with a current EPS of -0.07. This suggests a potential decline in earnings.
</li>
</ul>
Debt Management: American Public Education's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.82, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Insights into Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: American Public Education's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 81.53.
</li>
<li>
Price to Sales (P/S) Ratio: The P/S ratio of 0.45 is lower than the industry average, implying a discounted valuation for American Public Education's stock in relation to sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): American Public Education's EV/EBITDA ratio at 7.46 suggests potential undervaluation, falling below industry averages.
</li>
</ul>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
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<h3>The Impact of Insider Transactions on Investments</h3>
Insightful as they may be, insider transactions should be considered alongside a thorough examination of other investment criteria.
In the context of legal matters, the term "insider" refers to any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as outlined by Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and significant hedge funds. Such insiders are obligated to report their transactions through a Form 4 filing, which must be completed within two business days of the transaction.
Pointing towards optimism, a company insider's new purchase signals their positive anticipation for the stock to rise.
Despite insider sells not always signaling a bearish sentiment, they can be driven by various factors.
<h3>A Closer Look at Important Transaction Codes</h3>
When dissecting transactions, the focal point for <a href="https://www.benzinga.com/money/investing-tools">investors</a> is often those occurring in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001201792">Check Out The Full List Of American Public Education's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Positive Signal: David Michael Braner Shows Faith, Buying $299K In American Public Education Stock

Although U.S. stocks closed higher on Friday, there were a few notable insider trades.
When insiders purchase shares, it indicates their confidence in the company&#8217;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions</a> platform.
<h3 class="wp-block-heading">American Public Education</h3>
<ul>
<li>The Trade: American Public Education, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APEI#NASDAQ">APEI</a>) 325 Capital GP, LLC acquired a total of 20,000 shares at an average price of $16.63. To acquire these shares, it cost around $332,600.</li>
<li>What's Happening: On Aug. 6, American Public Education reported worse-than-expected second-quarter financial results.</li>
<li>What American Public Education Does: American Public Education Inc provides online and on-campus postsecondary education including various undergraduate and graduate degree programs.</li>
</ul>
<h3 class="wp-block-heading">Inhibrx Biosciences</h3>
<ul>
<li>The Trade: Inhibrx Biosciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INBX#NASDAQ">INBX</a>) Director Kimberly Manhard acquired a total of 10,000 shares at an average price of $13.98. To acquire these shares, it cost around $139,800.</li>
<li>What's Happening: On Aug. 13, Inhibrx Biosciences posted second-quarter EPS of $125.48.</li>
<li>What Inhibrx Biosciences Does: Inhibrx Biosciences Inc is a clinical-stage biopharmaceutical company with a pipeline of novel biologic therapeutic candidates, developed using its proprietary modular protein engineering platforms.</li>
</ul>
<h3 class="wp-block-heading">Franklin Resources</h3>
<ul>
<li>The Trade: Franklin Resources, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEN#NYSE">BEN</a>) 10% owner Charles B Johnson <a href="https://www.benzinga.com/sec/insider-trades/">bought a total of 100,000 shares</a> at an average price of $19.84. To acquire these shares, it cost around $1.98 million. The company's President and CEO also bought 12,700 shares.</li>
<li>What's Happening: On Aug. 27, Barclays analyst Benjamin Budish initiated coverage on Franklin Resources with an Underweight rating and announced a price target of $20.</li>
<li>What Franklin Resources Does: Franklin Resources provides investment services for individual and institutional investors.</li>
</ul>
<h3 class="wp-block-heading">Universal Display</h3>
<ul>
<li>The Trade: Universal Display Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OLED#NASDAQ">OLED</a>) Lawrence Lacerte<a href="https://www.benzinga.com/sec/insider-trades/"> bought a total of 1,000 shares</a> at an average price of $187.99. The insider spent around $187,990 to buy those shares.</li>
<li>What's Happening: On Aug. 1, Universal Display posted worse-than-expected second-quarter financial results..</li>
<li>What Universal Display Does: Universal Display Corp researches, develops, and manufactures organic light-emitting diode, or OLED, technologies for use in displays for mobile phones, tablets, televisions, wearables, personal computers, automotive interiors, and the solid-state lighting market.</li>
</ul>
Check This Out:
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</ul>

On August 29, David Michael Braner, Board Member at American Public Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APEI#NASDAQ">APEI</a>) executed a significant insider buy, as disclosed in the latest SEC filing.
What Happened: A Form 4 filing from the <a href="https://www.sec.gov/Archives/edgar/data/0001201792/000106299324015873//Archives/edgar/data/1201792/000106299324015873/0001062993-24-015873-index.htm">U.S. Securities and Exchange Commission</a> on Thursday showed that Braner purchased 38,439 shares of American Public Education. The total transaction amounted to $617,777. 
As of Friday morning, American Public Education shares are up by 1.39%, currently priced at $16.78.
<h3>All You Need to Know About American Public Education</h3>
American Public Education Inc provides online and on-campus postsecondary education including various undergraduate and graduate degree programs. The fields of study include business administration, health science, technology, criminal justice, education, liberal arts, national security, military studies, intelligence, and homeland security. There are three reporting segments: the American Public University segment which is the key revenue generator; the Rasmussen University Segment and the Hondros College of Nursing segment. The revenue is generated from net course registrations and enrollment, tuition rate, net tuition, and other fees.
<h3>Unraveling the Financial Story of American Public Education</h3>
Revenue Growth: Over the 3 months period, American Public Education showcased positive performance, achieving a revenue growth rate of 3.86% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Holistic Profitability Examination:
<ul>
<li>
Gross Margin: The company sets a benchmark with a high gross margin of 50.15%, reflecting superior cost management and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): With an EPS below industry norms, American Public Education exhibits below-average bottom-line performance with a current EPS of -0.07.
</li>
</ul>
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.82, caution is advised due to increased financial risk.
Exploring Valuation Metrics Landscape:
<ul>
<li>
Price to Earnings (P/E) Ratio: American Public Education's current Price to Earnings (P/E) ratio of 87.11 is higher than the industry average, indicating that the stock may be overvalued according to market sentiment.
</li>
<li>
Price to Sales (P/S) Ratio: With a P/S ratio of 0.49 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry benchmarks at 7.82, American Public Education presents an attractive value opportunity.
</li>
</ul>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
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<h3>Illuminating the Importance of Insider Transactions</h3>
Insider transactions should be considered alongside other factors when making investment decisions, as they can offer important insights.
In the realm of legality, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities under Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are required to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
Notably, when a company insider makes a new purchase, it is considered an indicator of their positive expectations for the stock.
Conversely, insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors.
<h3>Breaking Down the Significance of Transaction Codes</h3>
Digging into the details of stock transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their attention to those taking place in the open market, as outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001201792">Check Out The Full List Of American Public Education's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

American Public Education Board Member Makes $617K Stock Purchase

A notable insider purchase on August 29, was reported by David Michael Braner, Director at American Public Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APEI#NASDAQ">APEI</a>), based on the most recent SEC filing.
What Happened: In a recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001201792/000106299324015875//Archives/edgar/data/1201792/000106299324015875/0001062993-24-015875-index.htm">U.S. Securities and Exchange Commission</a> on Thursday, Braner increased their investment in American Public Education by purchasing 14,393 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $225,826.
American Public Education's shares are actively trading at $16.55, experiencing a down of 0.0% during Friday's morning session.
<h3>Get to Know American Public Education Better</h3>
American Public Education Inc provides online and on-campus postsecondary education including various undergraduate and graduate degree programs. The fields of study include business administration, health science, technology, criminal justice, education, liberal arts, national security, military studies, intelligence, and homeland security. There are three reporting segments: the American Public University segment which is the key revenue generator; the Rasmussen University Segment and the Hondros College of Nursing segment. The revenue is generated from net course registrations and enrollment, tuition rate, net tuition, and other fees.
<h3>American Public Education: Delving into Financials</h3>
Positive Revenue Trend: Examining American Public Education's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 3.86% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Exploring Profitability:
<ul>
<li>
Gross Margin: With a high gross margin of 50.15%, the company demonstrates effective cost control and strong profitability relative to its peers.
</li>
<li>
Earnings per Share (EPS): American Public Education's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of -0.07.
</li>
</ul>
Debt Management: American Public Education's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.82, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
Financial Valuation Breakdown:
<ul>
<li>
Price to Earnings (P/E) Ratio: American Public Education's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 87.11.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 0.49, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 7.82 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
<a href="https://www.schwab.com/brokerage?aff=XEC">Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.</a>
<h3>Navigating the Impact of Insider Transactions on Investments</h3>
Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Deciphering Transaction Codes in Insider Filings</h3>
In the domain of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> frequently turn their focus to those taking place in the open market, as meticulously outlined in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001201792">Check Out The Full List Of American Public Education's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Bullish Move: David Michael Braner Shows Confidence, Acquires $225K In American Public Education Stock

Although U.S. stocks closed lower on Thursday, there were a few notable insider trades.
When insiders purchase shares, it indicates their confidence in the company&#8217;s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Below is a look at a few recent notable insider purchases. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/">Benzinga&#8217;s insider transactions </a>platform.
<h3 class="wp-block-heading">American Public Education</h3>
<ul>
<li>The Trade: American Public Education, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APEI#NASDAQ">APEI</a>) 325 Capital GP, LLC a<a href="https://www.benzinga.com/quote/APEI/analyst-ratings">cquired a total of 73,022 shares at</a>  an average price of $14.16. To acquire these shares, it cost around $1.03 million.</li>
<li>What's Happening: On Aug. 6, American Public Education reported worse-than-expected second-quarter financial results.</li>
<li>What American Public Education Does: American Public Education Inc provides online and on-campus postsecondary education including various undergraduate and graduate degree programs.</li>
</ul>
<h3 class="wp-block-heading">Comstock Resources</h3>
<ul>
<li>The Trade: Comstock Resources, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRK#NYSE">CRK</a>) Director Mark A Alexander acquired a total of 3,132,600 shares at an average price of $10.99. To acquire these shares, it cost around $34.4 million.</li>
<li>What's Happening: On Aug. 15, Piper Sandler analyst Mark Lear downgraded Comstock Resources from Neutral to Underweight and lowered the price target from $8 to $5.</li>
<li>What Comstock Resources Does: Comstock Resources Inc is an independent energy company operating in the Haynesville shale, a natural gas basin located in East Texas and North Louisiana with superior economics and geographical proximity to the Gulf Coast markets.</li>
</ul>
<h3 class="wp-block-heading">Madison Square Garden Entertainment</h3>
<ul>
<li>The Trade: Madison Square Garden Entertainment Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSGE#NYSE">MSGE</a>) Director Frederic V Salerno <a href="https://www.benzinga.com/sec/insider-trades/">bought a total of 5,000 shares </a>at an average price of $41.25. To acquire these shares, it cost around $206,250.</li>
<li>What's Happening: On Aug 16, the company said revenue rose 26% year-on-year to $186.1 million, beating the analyst consensus estimate of $169.6 million..</li>
<li>What Madison Square Garden Entertainment Does: Madison Square Garden Entertainment Corp provides live entertainment, delivering unforgettable experiences while forging deep connections with diverse and passionate audiences.</li>
</ul>
Read More: 
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<li><a href="https://www.benzinga.com/news/earnings/24/08/40521759/intuit-ross-stores-and-3-stocks-to-watch-heading-into-friday">Intuit, Ross Stores And 3 Stocks To Watch Heading Into Friday</a></li>
</ul>

Truist Securities analyst Jasper Bibb maintains American Public Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APEI#NASDAQ">APEI</a>) with a Hold and lowers the price target from $20 to $15.

Price Target

Truist Securities Maintains Hold on American Public Education, Lowers Price Target to $15

Barrington Research analyst Alexander Paris maintains American Public Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APEI#NASDAQ">APEI</a>) with a Outperform and lowers the price target from $24 to $18.

Barrington Research Maintains Outperform on American Public Education, Lowers Price Target to $18

WIIM

American Public Education shares are trading lower after the company reported worse-than-expected Q2 financial results.

<ul>
<li>Reiterating&nbsp;guidance&nbsp;for full year revenue, net income available to common stockholders, and Adjusted EBITDA of&nbsp;$620 million&nbsp;to&nbsp;$630 million,&nbsp;$6 million&nbsp;to&nbsp;$13 million, and&nbsp;$60 million&nbsp;to&nbsp;$70 million, respectively.</li>
</ul>

Guidance

American Public Education Reiterates FY24 Guidance For Revenue Of $620M - $630M, Est $624.15M

American Public Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APEI#NASDAQ">APEI</a>) reported quarterly losses of $(0.06) per share which missed the analyst consensus estimate of $0.01 by 700 percent. The company reported quarterly sales of $152.895 million which missed the analyst consensus estimate of $154.088 million by 0.77 percent. This is a 3.86 percent increase over sales of $147.214 million the same period last year.

Earnings Misses

American Public Education Q2 2024 GAAP EPS $(0.06) Misses $0.01 Estimate, Sales $152.895M Miss $154.088M Estimate

Barrington Research analyst Alexander Paris maintains American Public Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APEI#NASDAQ">APEI</a>) with a Outperform and raises the price target from $20 to $24.

Barrington Research Maintains Outperform on American Public Education, Raises Price Target to $24

MGM Resorts International&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mgm#NYSE">MGM</a>) leading sports betting and the iGaming brand, BetMGM, expanded its mobile sports betting service throughout Washington, D.C. This move allows sports fans across the district to use the BetMGM app and earn rewards from MGM Resorts and Marriott Bonvoy.
The strategic expansion follows the D.C. Council&#39;s approval of its fiscal 2025 budget, which includes opening the digital sports betting market. MGM retains exclusivity around Nationals Park, operating the BetMGM Sportsbook through a partnership with the Washington Nationals. This allows fans to bet on their favorite teams across the District using BetMGM&#39;s award-winning mobile app.
BetMGM continues to prioritize responsible gambling education as it expands into new markets. The company offers resources like GameSense, developed and licensed by the British Columbia Lottery Corporation and integrated into BetMGM&#39;s mobile and desktop platforms. This program provides customers with familiar tools for responsible gaming, complementing BetMGM&#39;s existing safety measures to ensure an enjoyable and secure digital gaming experience.
<h3>Focus on Sports Betting</h3>
MGM Resorts continues to focus on sports betting expansion. Sports betting and iGaming continue to be a major growth driver following the legalization of sports betting outside Nevada. The company emphasizes the approval and subsequent migration of the Entain platform in Nevada, setting the stage for the integration of a single account and wallet in Nevada during late spring 2024. The company is confident about the improved design and functionality of the BetMGM app launch (of a single wallet) and omnichannel growth prospects.&nbsp;
BetMGM announced that it has partnered with Gila River Hotels &amp; Casinos and the Arizona Cardinals in an effort to expand its retail and online sports betting. The company started a collaboration with Orix to build a world-class integrated resort in Japan. BetMGM has a long-term growth target of 20% to 25% in U.S. sports betting and iGaming. Currently, the company is on track to achieve its target.
<h3>Price Performance</h3>
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/74/71820.jpg?v=1484706178" />
Image Source: Zacks Investment Research
Shares of this owner and operator of casino resorts through wholly-owned subsidiaries have gained 7.4% in the past six months compared with the Zacks Gaming industry&#39;s 15.9% growth. Although the company&#39;s shares have underperformed its industry, its ongoing focus on sports betting and iGaming along with international expansion, asset-light strategy, and non-gaming activities are likely to foster its growth in the upcoming period. The Zacks Consensus Estimate for 2025 earnings per share has increased to $3.19 from $3.13 in the past 30 days.
<h3>Zacks Rank &amp; Key Picks</h3>
MGM Resorts currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Zacks Consumer Discretionary sector are as follows:
PlayAGS, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ags#NYSE">AGS</a>) sports a Zacks Rank #1 (Strong Buy). AGS has a trailing four-quarter earnings surprise of 33.3%, on average. The stock has appreciated 70.1% in the past year.
The consensus estimate for AGS&#39;s 2024 sales and EPS suggests growth of 7.7% and 5,200%, respectively, from the year-ago levels.
American Public Education, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/apei#NASDAQ">APEI</a>) currently flaunts a Zacks Rank #1. APEI has a trailing four-quarter earnings surprise of 138.2%, on average. The stock has surged 283.6% in the past year.
The Zacks Consensus Estimate for APEI&#39;s 2024 sales and EPS indicates an increase of 3.9% and 124.6%, respectively, from year-ago levels.
Royal Caribbean Cruises Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rcl#NYSE">RCL</a>) currently carries a Zacks Rank #2 (Buy). RCL has a trailing four-quarter earnings surprise of 18.3%, on average. The stock has rallied 65.4% in the past year.
The Zacks Consensus Estimate for RCL&#39;s 2024 sales and EPS calls for growth of 16.9% and 64%, respectively, from the year-ago levels.
<a href="https://www.zacks.com/stock/news/2304739/mgm-resorts-mgm-betmgm-expands-reach-in-washington-dc?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2304739">To read this article on Zacks.com click here.</a>

MGM Resorts' BetMGM Expands Reach in Washington DC

American Public Education, Inc.&#39;s (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/apei#NASDAQ">APEI</a>) online postsecondary education provider, American Public University System, Inc. (APUS), introduced the TuitionWise program. Designed to assist companies in recruiting, retaining and upskilling employees, the program addresses the challenges of the current competitive job market.
The education benefits program reduces costs for eligible participants by offering no out-of-pocket tuition when combined with employer tuition assistance. The program includes an APUS partner grant available to U.S.-based organizations meeting minimum tuition assistance standards.
TuitionWise enhances an employee tuition-assistance program by potentially offering courses with no upfront tuition costs, facilitated through a combination of APEI&#39;s tuition assistance and an APUS partner grant. It targets companies committed to advancing their employees&#39; education.
The company&#39;s APUS segment offers an appealing education partnership for organizations aiming to retain and attract top-performing employees. Its new program enhances accessibility to higher education by providing a partner grant, waiving application fees, covering undergraduate books and offering free transfer credit evaluation.
<h3>Focus on APUS Segment Bodes Well</h3>
APEI has undertaken several initiatives to improve enrollment trends, enhance student persistence and reduce cost pressure. The company aims to strengthen its digital marketing campaigns to leverage relationships with the military, public service and other high-value student populations.
The company&#39;s APUS segment currently collaborates with more than 300 organizations, offering tailored educational benefits to their employees. These partnerships span associations, businesses, government agencies, and healthcare organizations, ensuring effective learning and development solutions.
The segment includes two brands, APU and American Military University or AMU. APU offers leading-edge, top-quality education at the associate, bachelor&#39;s, master&#39;s and doctoral degree levels for learners of all backgrounds, backed by its flexible online delivery model and relentless dedication to academic excellence and affordability. Since the foundation, affordable tuition has been a priority of APUS.
In first-quarter 2024, APUS&#39; revenues rose 9% year over year to $80.7 million, driven by increased registrations and selected tuition hikes. Total net course registrations rose 2.8% year over year to 99,000, with military registrations up 4% year over year. The segment&#39;s adjusted EBITDA margin expanded 500 basis points year over year to 30%, supported by higher enrollment, price adjustments and reduced marketing expenses.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/ac/70794.jpg?v=1075384810" />
Image Source: Zacks Investment Research
Shares of this Zacks Rank #1 (Strong Buy) company have surged 56.4% in the past six months compared with the Zacks Schools industry&#39;s 4.4% growth. The company has been benefiting from consistent enrollment growth at APUS and HCN segments, along with tuition and increased fees. Also, focus on cost-saving initiatives and affordable tuition bodes well.
<h3>Other Key Picks</h3>
Some other top-ranked stocks in the Zacks Consumer Discretionary sector are:
PlayAGS, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ags#NYSE">AGS</a>) sports a Zacks Rank of 1. AGS has a trailing four-quarter earnings surprise of 33.3%, on average. The stock has appreciated 96.2% in the past year.
The consensus estimate for AGS&#39;s 2024 sales and earnings per share suggests growth of 7.7% and 5,200%, respectively, from the year-ago levels.
Adtalem Global Education Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/atge#NYSE">ATGE</a>) currently carries a Zacks Rank of 2 (Buy). ATGE has a trailing four-quarter earnings surprise of 18.8%, on average. The stock has surged 85.9% in the past year.
The Zacks Consensus Estimate for ATGE&#39;s fiscal 2025 sales and EPS indicates an increase of 8.3% and 16.4%, respectively, from year-ago levels.
Royal Caribbean Cruises Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rcl#NYSE">RCL</a>) currently carries a Zacks Rank of 2. RCL has a trailing four-quarter earnings surprise of 18.3%, on average. The stock has rallied 55.8% in the past year.
The Zacks Consensus Estimate for RCL&#39;s 2024 sales and EPS calls for growth of 16.9% and 64%, respectively, from the year-ago levels.
<a href="https://www.zacks.com/stock/news/2298679/american-public-s-apei-apus-launches-tuitionwise-program?cid=CS-BENZ-FT-analyst_blog|company_news_corporate_actions-2298679">To read this article on Zacks.com click here.</a>

Adtalem Global Education Inc. Common Stock

ATGE

American Public's APUS Launches TuitionWise Program

Shares of Upstart Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPST#NASDAQ">UPST</a>) fell sharply during Wednesday's session after the company reported first-quarter financial results and issued second-quarter revenue <a href="https://www.benzinga.com/news/earnings/24/05/38682848/upstart-q1-earnings-revenue-beat-eps-beat-targeting-positive-ebitda-in-2024-and-more">guidance below estimates</a>.
Upstart reported first-quarter revenue of $128 million, which beat the consensus estimate of $124.867 million, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Upstart expects second-quarter revenue of approximately $125 million versus estimates of $140.83 million. The company anticipates a second-quarter adjusted EBITDA loss of approximately $25 million.
Upstart shares dipped 10.3% to $21.96 on Wednesday.
Here are some other stocks moving in today&#8217;s mid-day session.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Reborn Coffee, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REBN#NASDAQ">REBN</a>) shares jumped 132.9% to $4.0297 after the company announced a significant expansion into the China market through a strategic Master License Agreement with IAID Co.</li>
<li>iSun, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISUN#NASDAQ">ISUN</a>) gained 49% to $0.1966.</li>
<li>NewGenIvf Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NIVF#NASDAQ">NIVF</a>) jumped 36.4% to $1.48.</li>
<li>Tivic Health Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIVC#NASDAQ">TIVC</a>) rose 34% to $1.4099.</li>
<li>Innodata Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INOD#NASDAQ">INOD</a>) shares gained 31.5% to $8.86 after the company reported a year-over-year increase in first-quarter financial results.</li>
<li>Cricut, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRCT#NASDAQ">CRCT</a>) gained 31% to $7.25 after the company reported better-than-expected first-quarter GAAP EPS results.</li>
<li>MaxCyte, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MXCT#NASDAQ">MXCT</a>) rose 27.6% to $5.01 following upbeat quarterly results.</li>
<li>Ameresco, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NASDAQ">AMRC</a>) gained 27.6% to $28.47 following strong quarterly results.</li>
<li>Davis Commodities Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DTCK#NASDAQ">DTCK</a>) rose 26.8% to $1.5580</li>
<li>Elanco Animal Health Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELAN#NYSE">ELAN</a>) surged 26.5% to $17.11 following strong quarterly earnings.</li>
<li>American Public Education, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APEI#NASDAQ">APEI</a>) rose 23.3% to $18.71 following upbeat quarterly results.</li>
<li>Globus Medical, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GMED#NYSE">GMED</a>) gained 23.3% to $63.35 after the company reported better-than-expected first-quarter financial results and raised its FY24 guidance.</li>
<li>Kyndryl Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KD#NYSE">KD</a>) jumped 21.6% to $25.25 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>PowerSchool Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PWSC#NYSE">PWSC</a>) gained 21.2% to $20.17 following a report suggesting Bain is pursuing a takeover of the company.</li>
<li>Myriad Genetics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYGN#NASDAQ">MYGN</a>) rose 21.1% to $24.02 following better-than-expected first-quarter earnings.</li>
<li>Arko Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKO#NYSE">ARKO</a>) gained 20.3% to $5.15 following first-quarter earnings.</li>
<li>Latham Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWIM#NASDAQ">SWIM</a>) gained 19% to $3.5609 following strong first-quarter earnings.</li>
<li>Hyster-Yale Materials Handling, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HY#NYSE">HY</a>) surged 18.2% to $69.74 following UPBEAT first-quarter earnings.</li>
<li>Alpha and Omega Semiconductor Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AOSL#NASDAQ">AOSL</a>) jumped 17.7% to $26.22 after reporting strong quarterly results.</li>
<li>Neo-Concept International Group Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCI#NASDAQ">NCI</a>) gained 17.2% to $1.1529 after declining over 6% on Tuesday.</li>
<li>Oddity Tech Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODD#NASDAQ">ODD</a>) gained 15.8% to $36.19 after the company reported better-than-expected first-quarter financial results and issued FY24 EPS guidance above estimates.</li>
<li>Dutch Bros Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>) climbed 15.5% to $32.82 after the company reported better-than-expected first-quarter financial results and raised its FY24 revenue guidance.</li>
<li>Louisiana-Pacific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPX#NYSE">LPX</a>) gained 15% to $83.93 following better-than-expected first-quarter financial results.</li>
<li>RingCentral, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNG#NYSE">RNG</a>) rose 14.8% to $34.42 after the company reported better-than-expected first-quarter financial results and raised its FY24 guidance.</li>
<li>Luminar Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAZR#NASDAQ">LAZR</a>) rose 14.5% to $1.89 as the company posted a narrower-than-expected quarterly loss.</li>
<li>Toast, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOST#NYSE">TOST</a>) gained 14.2% to $27.09 after the company reported better-than-expected quarterly sales results.</li>
<li>Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HASI#NASDAQ">HASI</a>) gained 13.9% to $29.84 following upbeat earnings.</li>
<li>Teva Pharmaceutical Industries Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEVA#NYSE">TEVA</a>) rose 13% to $15.75 after the company reported mixed first quarter financial results.</li>
<li>Repare Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RPTX#NASDAQ">RPTX</a>) gained 11.7% to $3.6650 after the company posted better-than-expected results for its first quarter.</li>
<li>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) gained 10.1% to $90.01 after the company reported first quarter financial results.</li>
<li>Cirrus Logic, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>) jumped 9.6% to $99.93 as the company posted better-than-expected results for its fourth quarter.</li>
<li>Clover Health Investments, Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLOV#NASDAQ">CLOV</a>) shares gained 9.5% to $0.81 after the company reported better than expected first-quarter financial results.</li>
<li>Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) gained 8.8% to $18.08 following better-than-expected first-quarter results.</li>
<li>Veeco Instruments Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VECO#NASDAQ">VECO</a>) rose 6.9% to $40.08 following upbeat results.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Treace Medical Concepts, Inc.. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMCI#NASDAQ">TMCI</a>) shares dipped 60.8% to $4.3650 after the company reported first-quarter financial results and issued FY24 revenue guidance below estimates.</li>
<li>DoubleVerify Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DV#NYSE">DV</a>) fell 38.5% to $18.79 after the company reported first-quarter financial results.</li>
<li>Inspire Medical Systems, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INSP#NYSE">INSP</a>) fell 34.3% to $161.35 following first-quarter results.</li>
<li>Definitive Healthcare Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DH#NASDAQ">DH</a>) dipped 32.2% to $4.9150 after the company reported worse-than-expected first-quarter sales results.</li>
<li>Seres Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCRB#NASDAQ">MCRB</a>) fell 31.1% to $0.7653 following quarterly results.</li>
<li>Tripadvisor, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRIP#NASDAQ">TRIP</a>) fell 28.4% to $18.24 after Liberty Tripadvisor and the Special Committee ceased discussions with third parties with respect to a potential transaction.</li>
<li>ZoomInfo Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZI#NASDAQ">ZI</a>) shares fell 25.2% to $11.98 after the company reported first-quarter financial results and issued second-quarter guidance below estimates.</li>
<li>LegalZoom.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LZ#NASDAQ">LZ</a>) dipped 23.3% to $9.35 after the company reported worse-than-expected first-quarter financial results and issued second-quarter revenue guidance below estimates.</li>
<li>Semler Scientific, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) fell 22.7% to $21.78 after the company reported worse-than-expected first-quarter financial results.</li>
<li>Grocery Outlet Holding Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GO#NASDAQ">GO</a>) dipped 22.2% to $20.17 after the company reported worse-than-expected first-quarter adjusted EPS results.</li>
<li>Flywire Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLYW#NASDAQ">FLYW</a>) shares declined 21.7% to $16.08 after the company reported worse-than-expected first-quarter EPS results and issued second-quarter revenue guidance below estimates.</li>
<li>SIGA Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIGA#NASDAQ">SIGA</a>) dipped 20.6% to $8.31 following first-quarter results.</li>
<li>Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) fell 19.8% to $61.76 following first-quarter earnings..</li>
<li>Rapid7, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RPD#NASDAQ">RPD</a>) dipped 18.6% to $37.26 following first-quarter earnings..</li>
<li>Acutus Medical, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFIB#NASDAQ">AFIB</a>) fell 17.1% to $0.1020 after jumping 15% on Tuesday. Nasdaq, last week, notified the company that it has not regained compliance with listing rule 5550(a)(2).</li>
<li>Shoals Technologies Group, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHLS#NASDAQ">SHLS</a>) shares fell 14.1% to $7.56 after the company reported worse-than-expected first-quarter sales results.</li>
<li>Masimo Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MASI#NASDAQ">MASI</a>) fell 13.8% to $117.23 following first-quarter earnings. The company&#8217;s second-quarter guidance midpoint was below consensus estimates.</li>
<li>EchoStar Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATS#NASDAQ">SATS</a>) dipped 13.6% to $14.99 following worse-than-expected first-quarter financial results.</li>
<li>STAAR Surgical Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STAA#NASDAQ">STAA</a>) dipped 11.8% to $41.10 following quarterly results.</li>
<li>Volcon, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLCN#NASDAQ">VLCN</a>) shares declined 11.8% to $0.26 after the company reported a year-over-year decrease in first-quarter sales results.</li>
<li>Qualys, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QLYS#NASDAQ">QLYS</a>) fell 10.1% to $149.21 after the company reported first-quarter earnings and issued second-quarter revenue guidance below estimates.</li>
<li>Affirm Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>) fell 9.1% to $31.74 following third-quarter earnings.</li>
<li>Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) dipped 8.6% to $64.40. Uber posted weaker-than-expected fiscal first-quarter financial results.</li>
<li>Coupang, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPNG#NYSE">CPNG</a>) fell 7.8% to $21.78 after the company reported mixed first-quarter financial results.</li>
<li>Astera Labs, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>) shares declined 6.3% to $71.37 following first-quarter results.</li>
<li>Centrus Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEU#NYSE">LEU</a>) shares declined 6.2% to $41.56 following first-quarter results.</li>
<li>A-Mark Precious Metals Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMRK#NASDAQ">AMRK</a>) shares fell 5.5% to $38.14 following fiscal third quarter 2024 results.</li>
<li>Twilio Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWLO#NYSE">TWLO</a>) shares fell 5.5% to $59.86 following first-quarter results.</li>
<li>OPKO Health, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPK#NASDAQ">OPK</a>) shares fell 5.4% to $1.23 after the company reported worse-than-expected first-quarter financial results.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/05/38702433/airbnb-gears-up-for-q1-print-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call">Airbnb Gears Up For Q1 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call</a>

Intraday Update

Movers

AFIB

AFRM

ALAB

AMRC

AMRK

AOSL

ARKO

BROS

CLOV

CPNG

CRCT

CRUS

DTCK

ELAN

FLYW

GMED

Hannon Armstrong Sustainable Infrastructure Capital

HASI

INOD

INSP

ISUN

LAZR

LYFT

MASI

MCRB

MXCT

MYGN

NIVF

PWSC

QLYS

REBN

RPTX

SATS

SHLS

SHOP

SIGA

SMLR

STAA

SWIM

TEVA

TIVC

TMCI

TOST

TRIP

TWLO

UBER

UPST

VECO

VLCN

Why Upstart Shares Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Barrington Research analyst Alexander Paris maintains American Public Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APEI#NASDAQ">APEI</a>) with a Outperform and raises the price target from $17 to $20.

Barrington Research Maintains Outperform on American Public Education, Raises Price Target to $20

U.S. stocks were mixed, with the Dow Jones gaining around 70 points on Wednesday.
Shares of Louisiana-Pacific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPX#NYSE">LPX</a>) rose sharply during Wednesday's session  following better-than-expected <a href="https://www.benzinga.com/news/earnings/24/05/38701468/building-success-louisiana-pacific-shatters-expectations-shares-surge-on-solid-q1-performance-raise">first-quarter financial results</a>.
LPX reported net sales growth of 24% year-over-year to $724 million, beating the consensus of $688.85 million.
Louisiana-Pacific shares climbed 15% to $83.93 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Cricut, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRCT#NASDAQ">CRCT</a>) shares surged 31% to $7.25 after the company reported better-than-expected first-quarter GAAP EPS results.</li>
<li>MaxCyte, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MXCT#NASDAQ">MXCT</a>) jumped 27.6% to $5.01 following upbeat quarterly results.</li>
<li>Ameresco, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMRC#NASDAQ">AMRC</a>) climbed 27.6% to $28.47 following strong quarterly results.</li>
<li>Elanco Animal Health Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELAN#NYSE">ELAN</a>) gained 26.5% to $17.11 following strong quarterly earnings.</li>
<li>American Public Education, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APEI#NASDAQ">APEI</a>) gained 23.3% to $18.71 following upbeat quarterly results.</li>
<li>Globus Medical, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GMED#NYSE">GMED</a>) rose 23.3% to $63.35 after the company reported better-than-expected first-quarter financial results and raised its FY24 guidance.</li>
<li>Kyndryl Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KD#NYSE">KD</a>) gained 21.6% to $25.25 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>PowerSchool Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PWSC#NYSE">PWSC</a>) rose 21.2% to $20.17 following a report suggesting Bain is pursuing a takeover of the company.</li>
<li>Myriad Genetics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYGN#NASDAQ">MYGN</a>) climbed 21.1% to $24.02 following better-than-expected first-quarter earnings.</li>
<li>Arko Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKO#NYSE">ARKO</a>) gained 20.3% to $5.15 following first-quarter earnings.</li>
<li>Latham Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWIM#NASDAQ">SWIM</a>) rose 19% to $3.5609 following strong first-quarter earnings.</li>
<li>Hyster-Yale Materials Handling, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HY#NYSE">HY</a>) gained 18.2% to $69.74 following UPBEAT first-quarter earnings.</li>
<li>Alpha and Omega Semiconductor Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AOSL#NASDAQ">AOSL</a>) surged 17.7% to $26.22 after reporting strong quarterly results.</li>
<li>Oddity Tech Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODD#NASDAQ">ODD</a>) rose 15.8% to $36.19 after the company reported better-than-expected first-quarter financial results and issued FY24 EPS guidance above estimates.</li>
<li>Dutch Bros Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>) gained 15.5% to $32.82 after the company reported better-than-expected first-quarter financial results and raised its FY24 revenue guidance.</li>
<li>RingCentral, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RNG#NYSE">RNG</a>) gained 14.8% to $34.42 after the company reported better-than-expected first-quarter financial results and raised its FY24 guidance.</li>
<li>Luminar Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LAZR#NASDAQ">LAZR</a>) gained 14.5% to $1.89 as the company posted a narrower-than-expected quarterly loss.</li>
<li>Toast, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOST#NYSE">TOST</a>) rose 14.2% to $27.09 after the company reported better-than-expected quarterly sales results.</li>
<li>Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HASI#NASDAQ">HASI</a>) surged 13.9% to $29.84 following upbeat earnings.</li>
<li>Denali Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DNLI#NASDAQ">DNLI</a>) rose 13.2% to $19.07 following a narrower-than-expected quarterly loss.</li>
<li>Teva Pharmaceutical Industries Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEVA#NYSE">TEVA</a>) gained 13% to $15.75 after the company reported mixed first quarter financial results.</li>
<li>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) climbed 10.1% to $90.01 after the company reported first quarter financial results.</li>
<li>Cirrus Logic, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>) gained 9.6% to $99.93 as the company posted better-than-expected results for its fourth quarter.</li>
<li>Lotus Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOT#NASDAQ">LOT</a>) gained 9.1% to $8.51.</li>
<li>Lyft, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) rose 8.8% to $18.08 following better-than-expected first-quarter results.</li>
<li>Griffon Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFF#NYSE">GFF</a>) surged 8.6% to $73.64 following upbeat second-quarter results.</li>
<li>Grand Canyon Education, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOPE#NASDAQ">LOPE</a>) rose 7.7% to $150.62 following upbeat quarterly results.</li>
<li>Confluent, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CFLT#NASDAQ">CFLT</a>) gained 7.7% to $30.00 after the company reported better-than-expected quarterly financial results and raised its FY24 guidance above estimates.</li>
<li>Veeco Instruments Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VECO#NASDAQ">VECO</a>) gained 6.9% to $40.08 following upbeat results.</li>
<li>International Seaways, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INSW#NYSE">INSW</a>) rose 6.3% to $60.21 after posting upbeat earnings.</li>
<li>LCI Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCII#NASDAQ">LCII</a>) surged 6.2% to $111.48 following strong quarterly results.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/24/05/38701877/jim-cramer-says-he-is-struggling-with-tesla-likes-this-industrial-giant">Jim Cramer Says He Is &#8216;Struggling&#8217; With Tesla, Likes This Industrial Giant</a>

CFLT

DNLI

INSW

LCII

LOPE

Louisiana-Pacific Posts Upbeat Results, Joins Cricut, Elanco Animal, American Public Education And Other Big Stocks Moving Higher On Wednesday

<h3>Gainers</h3>
<ul>
<li>Neo-Concept International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCI#NASDAQ">NCI</a>) stock rose 14.9% to $1.13 during Wednesday's pre-market session. The company's market cap stands at $22.9 million. </li>
<li>Cricut (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRCT#NASDAQ">CRCT</a>) stock moved upwards by 14.28% to $6.32. The market value of their outstanding shares is at $1.3 billion. As per the news, the Q1 earnings report came out yesterday. </li>
<li>Dutch Bros (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>) stock rose 7.84% to $30.65. The company's market cap stands at $2.8 billion. As per the press release, Q1 earnings came out yesterday. </li>
<li>Genius Sports (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GENI#NYSE">GENI</a>) stock moved upwards by 7.74% to $5.84. The company's market cap stands at $1.2 billion. As per the news, the Q1 earnings report came out today. </li>
<li>American Public Education (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APEI#NASDAQ">APEI</a>) stock increased by 7.04% to $16.25. The market value of their outstanding shares is at $285.3 million. As per the news, the Q1 earnings report came out yesterday. </li>
<li>RumbleON (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMBL#NASDAQ">RMBL</a>) shares increased by 6.33% to $5.2. The company's market cap stands at $183.2 million. As per the news, the Q1 earnings report came out today. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Volcon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VLCN#NASDAQ">VLCN</a>) stock fell 15.2% to $0.25 during Wednesday's pre-market session. The company's market cap stands at $5.1 million. As per the press release, Q1 earnings came out yesterday. </li>
<li>CarParts.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRTS#NASDAQ">PRTS</a>) shares declined by 9.49% to $1.05. The market value of their outstanding shares is at $59.4 million. As per the news, the Q1 earnings report came out yesterday. </li>
<li>Twin Vee PowerCats (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VEEE#NASDAQ">VEEE</a>) stock fell 8.85% to $0.67. The market value of their outstanding shares is at $6.3 million. </li>
<li>Selina Hospitality (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNA#NASDAQ">SLNA</a>) shares declined by 6.98% to $0.05. The company's market cap stands at $25.3 million. </li>
<li>Coupang (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPNG#NYSE">CPNG</a>) shares decreased by 6.69% to $22.07. The market value of their outstanding shares is at $39.4 billion. As per the press release, Q1 earnings came out yesterday. </li>
<li>LL Flooring Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LL#NYSE">LL</a>) shares decreased by 6.26% to $1.5. The market value of their outstanding shares is at $42.7 million. As per the press release, Q1 earnings came out today. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session

American Public Education Raises FY24 Consolidated Revenue Outlook From $610M-$620M To $620M-$630M (Est $614.125M)

American Public Education Expects Q2 Consolidated Revenue Of $153M-$155M (Est $150.125M), EPS Of ($0.11) - $0.05 (Est $0.01)

The latest announcement is out from American Public Education (APEI). American Public Education, Inc. is on the hunt for a new Chief Financial Offi...

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American Public Education GAAP EPS of -$0.06 misses by $0.07, revenue of $152.9M misses by $1.19M

American Public Education, Inc. 2024 Q2 - Results - Earnings Call Presentation

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American Public Education (NASDAQ:<a href="https://investorplace.com/stock-quotes/apei-stock-quote/">APEI</a>) just reported results for the second quarter of 2024.<ul><li>American Public Education reported earnings per share of -6 cents. This was below the analyst estimate for EPS of 1 cent.</li><li>The company reported revenue of $152.90 million.</li><li>This was 0.78% worse than the analyst estimate for revenue of $154.09 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/apei-stock-earnings-american-public-education-for-q2-of-2024/">APEI Stock Earnings: American Public Education Misses EPS, Misses Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

APEI Stock Earnings: American Public Education Misses EPS, Misses Revenue for Q2 2024

American Public Education, Inc. (APEI) Q2 2024 Earnings Call Transcript

Alexander Paris, an analyst from Barrington, maintained the Buy rating on American Public Education (APEI – Research Report). The associated price ...

Buy Rating Affirmed on American Public Education with Strong EBITDA Growth and Positive Outlook

American Public Education: Insider Buying Boosts This Turnaround Stock's Bullishness

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Press Releases

American Public University System Launches TuitionWise Education Benefit Program to Help Businesses Retain, Recruit and Upskill Employees

Rasmussen University Enhances Career Services Offerings with AI-Powered Hiration Mock Interview Tool

American Public University System and the Policy Studies Organization to Co-Host Free Virtual Conference on AI and the Future of Education on Aug 1-2

American Public Education, Inc. Schedules Second Quarter 2024 Earnings Call Tuesday, August 6, 2024 at 5:00pm ET

Rasmussen University Announces New Corporate Alliance with Aspire Health Group

American Public Education Reports Second Quarter 2024 Financial Results

All University Students Can Now Access Professional Coaching at No Cost

Over 1,000 People Located in 19 Countries Attend Virtual Conference on AI and the Future of Education from American Public University System and the Policy Studies Organization

American Public University System and the Policy Studies Organization to Host Fifth Annual Space Education and Strategic Applications (SESA) Virtual Conference on September 19 - 20

Call for Proposals is Now Open for Sport United Conference 2024: A Virtual Event Co-hosted by American Public University System and Policy Studies Organization

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American Public Education (APEI) Forecast

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