Apollo Education Group (APOL) Set to Announce Earnings on Wednesday
Apollo Education Group (NASDAQ:APOL) will post its Q314 quarterly earnings results on Wednesday, June 25th. Analysts expect Apollo Education Group to post earnings of $0.66 per share and revenue of $794.43 million for the quarter.
Apollo Education Group (NASDAQ:APOL) last issued its quarterly earnings data on Tuesday, April 1st. The company reported $0.13 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.19 by $0.06. The company had revenue of $679.10 million for the quarter, compared to the consensus estimate of $689.04 million. During the same quarter last year, the company posted $0.34 earnings per share. Apollo Education Group’s revenue was down 18.6% compared to the same quarter last year. On average, analysts expect Apollo Education Group to post $2.32 EPS for the current fiscal year and $1.91 EPS for the next fiscal year.
Shares of Apollo Education Group (NASDAQ:APOL) opened at 29.65 on Tuesday. Apollo Education Group has a 1-year low of $16.89 and a 1-year high of $35.92. The stock has a 50-day moving average of $28.3 and a 200-day moving average of $29.98. The company has a market cap of $3.300 billion and a price-to-earnings ratio of 15.54.
A number of research firms have recently commented on APOL. Analysts at Zacks downgraded shares of Apollo Education Group from an “outperform” rating to a “neutral” rating in a research note on Monday, April 21st. They now have a $29.00 price target on the stock. On the ratings front, analysts at Robert W. Baird cut their price target on shares of Apollo Education Group from $36.00 to $33.00 in a research note on Wednesday, April 9th. Finally, analysts at Citigroup Inc. raised their price target on shares of Apollo Education Group from $30.00 to $35.00 in a research note on Wednesday, April 2nd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $32.64.
In other Apollo Education Group news, SVP Sean Martin unloaded 3,709 shares of Apollo Education Group stock on the open market in a transaction dated Friday, June 13th. The shares were sold at an average price of $28.41, for a total transaction of $105,372.69. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Apollo Education Group, Inc offers educational programs and services, online and on-campus, at the undergraduate, master’s and doctoral levels.
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