Enrollment stats trend lower, but EPS, revenue guidance solid for Apollo

|About: Apollo Education Group, Inc. (APOL)|By:, SA News Editor

Shares of Apollo Group (APOL) are up 3.2% AH as investors digest the company's Q1 results.

Net revenue falls 22% Y/Y as University of Phoenix degreed enrollment slides 17.7%.

New degreed enrollment slips 22.9% over the same period in 2013.

FY14 outlook: Operating income of $400-450M on net revenue of $3-3.1B. Consensus on the top-line is $3.04B. (PR)