Apollo Education Group Inc (APOL) Releases Earnings Results, Beats Expectations By $0.10 EPS

Apollo Education Group Inc (APOL) reported quarterly earnings results on Thursday, Jul-7-2016. The company said it had a profit of $0.37 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.10. Analysts had a consensus of $0.27. The company posted revenue of $558.00 million in the period, compared to analysts expectations of $542.69 million. The company’s revenue was down -17.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.53 EPS.

Apollo Education Group Inc closed down -0.13 points or -1.43% at $8.97 with 5,96,017 shares getting traded on Tuesday. Post opening the session at $9.1, the shares hit an intraday low of $8.89 and an intraday high of $9.11 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

In a different news, on Oct 28, 2015, Peter V Sperling (Chairman of the Board) sold 3,193,194 shares at $7.19 per share price. According to the SEC, on Oct 2, 2015, Frederick James Newton (SR VP, Chief HR Officer) sold 1,494 shares at $11.01 per share price. On Mar 4, 2015, Sean Martin (SVP, General Counsel) sold 6,905 shares at $27.93 per share price, according to the Form-4 filing with the securities and exchange commission.

Apollo Education Group Inc. is a private education provider. The Company offers undergraduate graduate certificate and non-degree educational programs and services online and on-campus principally to working learners in the United States and abroad. The Company’s segments are University of Phoenix Apollo Global and Other. The Company’s University of Phoenix segment offers undergraduate and graduate degrees through its nine colleges in a range of program areas as well as various non-degree programs. The Company’s Apollo Global segment includes its institutions based outside the United States and its corporate operations. The Company’s Other segment primarily includes Apollo Professional Development which provides relevant programs for employers to help them recruit develop and retain a workforce and the Company’s corporate activities.

Apollo Education Group Inc

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