Apollo Education Group (APOL) Tops Q2 EPS by 6c; Guides Q3, FY15 Revs Below Consensus
Tweet
Share
E-mailGet Alerts APOL Hot Sheet
Financial Fact:
Discontinued operations attributable to Apollo: -0.06
Today's EPS Names:
SVBT, ZEO, OTLK, More
Join SI Premium – FREE
Apollo Education Group (NASDAQ: APOL) reported Q2 EPS of ($0.10), $0.06 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $578.6 million versus the consensus estimate of $584.62 million.
University of Phoenix Enrollment Data: | ||||||||||||||||||||||||||||||||||||||||||||||
Three Months EndedFebruary 28, | Six Months EndedFebruary 28, | |||||||||||||||||||||||||||||||||||||||||||||
| (Rounded to the nearest hundred, except per degreed enrollment) | 2015 | 2014 | % Change | 2015 | 2014 | % Change | ||||||||||||||||||||||||||||||||||||||||
| Degreed Enrollment(1) | 213,800 | 250,300 | (14.6 | )% | Average Degreed Enrollment(3) | 224,900 | 260,800 | (13.8 | )% | |||||||||||||||||||||||||||||||||||||
| New Degreed Enrollment(2) | 28,300 | 32,500 | (12.9 | )% | ||||||||||||||||||||||||||||||||||||||||||
| Degree seeking net revenues per degreed enrollment | $ | 2,236 | $ | 2,337 | ||||||||||||||||||||||||||||||||||||||||||
| (1) Represents students enrolled in a degree program who attended a credit bearing course during the quarter and had not graduated as of the end of the quarter; students who previously graduated from one degree program and started a new degree program in the quarter (e.g., a graduate of an associate’s degree program returns for a bachelor’s degree); and students participating in certain certificate programs of at least 18 credits with some course applicability into a related degree program. | ||||||||||||||||||||||||||||||||||||||||||||||
| (2) Represents new students and students who have been out of attendance for more than 12 months who enroll in a degree program and start a credit bearing course in the quarter; students who have previously graduated from a degree program and start a new degree program in the quarter; and students who commence participation in certain certificate programs of at least 18 credits with some course applicability into a related degree program. | ||||||||||||||||||||||||||||||||||||||||||||||
(3) Represents the average of quarterly Degreed Enrollment from the beginning to the end of the respective periods. | ||||||||||||||||||||||||||||||||||||||||||||||
Guidance:
Apollo Education Group sees FY2015 revenue of $2.63-2.68 billion, versus the consensus of $2.73 billion.
Apollo Education Group sees Q3 2015 revenue of $690-705 million, versus the consensus of $740.9 million.
For earnings history and earnings-related data on Apollo Education Group (APOL) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
- Edible Garden AG (EDBL) Reports Q2 Loss of $18.79
- HeartCore Enterprises, Inc. (HTCR) Misses Q2 EPS by 185c
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
