Apollo Education Group (APOL) Misses Q1 EPS by 5c

Apollo Education Group (NASDAQ: APOL) reported Q1 EPS of $0.14, $0.05 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $484.5 million versus the consensus estimate of $494.6 million.

“We continue to make steady progress on our transformational plan at University of Phoenix with improvement in both student persistence and enrollment,” said Greg Cappelli, Chief Executive Officer of Apollo Education Group. “This quarter, we also made additional headway in adjusting the organization’s cost base and continued to experience growth at Apollo Global. As we execute on our long-term strategic plan, we are committed to achieving successful student outcomes and ensuring we remain a focused and trusted provider of higher education for working adults.”

For earnings history and earnings-related data on Apollo Education Group (APOL) click here.

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