Earnings Flash (PXED) Phoenix Education Partners, Inc. Reports Q3 Revenue $271.8M, vs. FactSet Est of $271.2M

Phoenix Education Partners (PXED) reported fiscal Q3 adjusted earnings late Tuesday of $1.43 per diluted share, down from $1.57 a year earlier. Analysts polled by FactSet expected $1.32. Revenue in the three months ended May 31 rose to $271.8 million from $271.7 million a year earlier. Analysts expected $271.2 million. Phoenix expects full-year net revenue of $1.02 billion to $1.025 billion. Analysts expect $1.026 billion. The company's shares fell 11% in after-hours trading.