SmarTrend(R) News Watch: Apollo Group Earnings Preview
Sun. June 28, 2009; Posted: 11:36 AM
Jun 28, 2009 (SmarTrend(R) News Watch via COMTEX) --
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PowerRating -- Education company Apollo Group (NASDAQ:APOL) is scheduled to report fiscal Q3 earnings on Monday and many analysts are expecting enrollments to continue to grow. Consensus estimates are for EPS of $1.12, up from 85 cents in the year-ago period. Analysts are looking for revenues of $1.04 billion - a 24% increase from the $835.2 million Apollo reported in the same quarter last year. With education providers having topped expectations for the past several quarters, investors will be looking to see if the win streak can continue.
Write to Chip Brian at cbrian@tradethetrend.com
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