Apollo Group Earnings: Here’s Why the Stock is Rising Now

Apollo Group Inc. (NASDAQ:APOL) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are up 1.86%.

Apollo Group Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 12.5% to $1.05 in the quarter versus EPS of $1.20 in the year-earlier quarter.

Revenue: Decreased 16.27% to $946.8 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Apollo Group Inc. reported adjusted EPS income of $1.05 per share. By that measure, the company beat the mean analyst estimate of $0.85. It missed the average revenue estimate of $965.07 million.

Quoting Management: There was no comment from the management.

Key Stats (on next page)…

Revenue increased 13.47% from $834.37 million in the previous quarter. EPS increased 208.82% from $0.34 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.34 to a profit $0.33. For the current year, the average estimate has moved up from a profit of $2.72 to a profit of $2.74 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)