Apollo Education (APOL) Tops Q1 EPS by 2c; Issues Light Q2, FY15 Revs Outlook

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Go back to Apollo Education (APOL) Tops Q1 EPS by 2c; Issues Light Q2, FY15 Revs Outlook

Apollo Education (APOL) Numbers Cut at Piper Jaffray on Light Outlook

January 9, 2015 8:56 AM EST

Piper Jaffray analyst Peter Appert lowered estimate and his price target on Neutral-rated Apollo Education (NASDAQ: APOL) to $27.00 (from $28.00) following Q1 results and reduced FY guidance. The firm said execution issues delay enrollment inflection.

Appert commented, "A reduction in FY15 guidance following... More