6 Quotes by Jeff Silber

We believe the market will be focused on the strong enrollment data.

We believe further multiple contraction and downward estimates revisions are likely.

This new student number is like your freshman class as they work their way through these programs. That will help your total enrollment going forward. It's a strong precursor.

Enrollment growth of 9.5 percent year-over-year, while likely better than many companies this quarter, was the slowest in recent memory.

The surprise was how large the new student enrollment number was ? everybody was just shocked. This was a stock with lots of short interest, and obviously they're getting killed today. My guess is that this stock, after the euphoria of today, probably will pull back a little bit but will probably still trade at a premium to the group.

In our view, guidance will be coming down, it is only a question of how far. We believe the recent departure of Todd Nelson will only add some uncertainty.