May 18 (Reuters) - Aspen Group Ltd APZ.AX :
* ASPEN- TO DATE, CO HAS MAINTAINED PROFITABILITY DURING COVID-19 OUTBREAK
* ASPEN- UNDERLYING EARNINGS FOR 10 MTHS ENDED 30 APRIL IN LINE WITH PREVIOUSLY GIVEN GUIDANCE
* ASPEN GROUP - SALES OF NEW HOUSES AT FOUR LANTERNS LAND LEASE COMMUNITY HAVE SLOWED; DEVELOPMENT PROFIT TO FALL SHORT OF EXPECTATIONS FOR FY20
* ASPEN GROUP LTD - SHORT STAY REVENUE HAS REDUCED TO ALMOST NIL SINCE COVID-19 RESTRICTIONS WERE ENACTED
* ASPEN GROUP LTD - TO REINSTATE FY20 EARNINGS AND DISTRIBUTION GUIDANCE OF 6.75-7.00CPS AND 6.00CPS RESPECTIVELY
* ASPEN- ENTERED CONDITIONAL CONTRACTS TO BUY PARTIALLY COMPLETED BUILD-TO-RENT DEVELOPMENT AT BURLEIGH HEADS
* ASPEN- PURCHASE PRICE $3.15 MILLION PLUS GST