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Shares of DeVry (DV) Boost on Apollo's (APOL) Q1 Results While Career Educations (CECO) Fall on Downgrade

January 6, 2012 10:10 AM EST
Shares of DeVry Inc. (NYSE: DV) are trading up over 4.2% on the day after Apollo Group (Nasdaq: APOL) reported solid first quarter results.

Apollo reported Q1 EPS of $1.28, $0.10 better than the analyst estimate of $1.18. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.16 billion. Shares of Apollo are a trading up rough 5.2 percent on the day.

Also within the education industry, Career Educations Corp. (Nasdaq: CECO) is watching its shares fall 4.7 percent on the day after Argus Downgraded the stock from a Buy to a Hold rating.


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