Apollo Education Group, Inc. (APOL) - NASDAQ
  • Apr. 28, 2015, 5:45 PM
    • Brian Swartz, Apollo Education's (NASDAQ:APOL) CFO since 2009, has resigned.
    • Former CFO/COO Joe D'Amico will serve as interim CFO while Apollo searches for a permanent replacement.
    | Apr. 28, 2015, 5:45 PM
  • Apr. 27, 2015, 1:37 PM
    • For-profit education stocks are getting bashed after Corinithian Colleges (COCO -25.9%) closes all of its schools in a development that throws a spotlight on the sector.
    • CNBC reports it's the largest shutdown in the history of higher education in the U.S.
    • Previously: Education stocks on watch after Corinthian Colleges shuts down (Apr. 27 2015)
    • Decliners: Apollo Education (NASDAQ:APOL) -1.5%, Career Education (NASDAQ:CECO) -7.1%, Strayer Education (NASDAQ:STRA) -1.7%, Lincoln Education (NASDAQ:LINC) -1.3%, Education Management (NASDAQ:EDMC) -4.1%, National American University Holdings (NASDAQ:NAUH) -1.8%, American Public Education (NASDAQ:APEI) -1.3%.
    | Apr. 27, 2015, 1:37 PM | 3 Comments
  • Apr. 27, 2015, 7:27 AM
    • For-profit education stocks could see some volatility after Corinthian Colleges (NASDAQ:COCO) decides to shut down 28 schools in a move that will displace close to 10K students.
    • The abrupt closure is receiving significant attention from student advocacy groups and increase the chances of politicians stepping into the for-profit fray.
    • On watch: APOL, CECO, DV, STRA, ESI, LOPE, APEI, LINC, BPI, LRN, EDU, NAUH.
    | Apr. 27, 2015, 7:27 AM
  • Mar. 25, 2015, 2:23 PM
    • The for-profit education sector is full of volatility today.
    • Apollo Education (APOL -27%) is getting shellacked off of a disappointing FQ2 earnings report.
    • Enrollment guidance from Apollo came in below expectations.
    • Peers Bridgepoint Education (BPI -3.7%), DeVry Education (DV -5.5%), ITT Educational Services (ESI -4.1%), Grand Canyon Education (LOPE -3.9%), and American Public Education (APEI -1.6%) are also lower in sympathy.
    • National American University Holdings (NASDAQ:NAUH) is an outlier with a 3% gain, while microcap Education Management (NASDAQ:EDMC) is up a clean 20%.
    • Trading volume is up across the sector.
    • What to watch: A push by President Obama to make some forms of community college free is considered a threat to the sector.
    | Mar. 25, 2015, 2:23 PM | 7 Comments
  • Mar. 25, 2015, 12:45 PM
    | Mar. 25, 2015, 12:45 PM | 2 Comments
  • Mar. 25, 2015, 9:11 AM
    | Mar. 25, 2015, 9:11 AM
  • Mar. 25, 2015, 7:47 AM
    • Apollo Group (NASDAQ:APOL) reports University of Phoenix degreed enrollment fell 14.6% to 213.8K in FQ2.
    • New degreed enrollment was 12.90% lower than a year ago at 28,300.
    • Segment revenue: University of Phoenix: $487.77M (-17.90%); Apollo Global: $81.10M (+18.16%); Other: $9.70M (-3.35%).
    • Segment operating income: University of Phoenix: $1.35M (-98.44%); Apollo Global: -$27.54M (+31.15%); Other: -$28.34M (+22.12%).
    • FQ3 Guidance: Net revenue: $690M to $705M; Operating income: $85M to $95M.
    • FY2015 Guidance: Net revenue: $2.63B to $2.68B; Operating income: $200M to $230M.
    | Mar. 25, 2015, 7:47 AM | 6 Comments
  • Mar. 25, 2015, 7:32 AM
    • Apollo (NASDAQ:APOL): FQ2 EPS of -$0.10 beats by $0.06.
    • Revenue of $578.57M (-14.0% Y/Y) misses by $6.04M.
    | Mar. 25, 2015, 7:32 AM
  • Mar. 24, 2015, 5:30 PM
  • Mar. 18, 2015, 11:33 AM
    • Select for-profit education stocks have spiked higher despite a flurry of negative news on the sector over the last few weeks.
    • The sector has an eye on Washington where a proposal by President Obama to make public junior college free is a potential threat to admission numbers.
    • Advancers include Bridgepoint Education (BPI +6.2%), Apollo Education (APOL +1.7%), Corinthian Colleges (COCO +9.3%), Strayer Education (STRA +2.5%), ITT Educational Services (ESI +3.1%).
    | Mar. 18, 2015, 11:33 AM
  • Mar. 12, 2015, 9:34 AM
    • The Treasury Department and Department of Education are looking into a proposal to make it easier for student loans to be included in bankruptcies.
    • Though the bankruptcy angle is only a small portion of the comprehensive Student Aid Bill of Rights aimed at the lending industry, it's expected to be one of the most controversial aspects of the proposed legislation.
    • For-profit education stocks: APOL, CECO, COCO, DV, STRA, ESI, LOPE, APEI, LINC, BPI, LRN, EDU,
    | Mar. 12, 2015, 9:34 AM | 6 Comments
  • Jan. 9, 2015, 3:03 AM
    • President Obama has unveiled a proposal to make community college free for the first two years, with federal funding covering three-quarters of the cost and states that participate contributing the rest.
    • "We have to make sure that everybody has the opportunity to constantly train themselves for better jobs, better wages, better benefits," announced Obama.
    • The White House expects an estimated 9M students to participate in the program and save $3,800 a year on tuition.
    • Education Stocks: CECO, STRA, COCO, ESI, ITT, BPI, LINC, DV, LOPE, APEI
    • APOL -0.7%; EDMC -6.1% AH
    | Jan. 9, 2015, 3:03 AM | 23 Comments
  • Jan. 8, 2015, 12:47 PM
    | Jan. 8, 2015, 12:47 PM | 1 Comment
  • Jan. 8, 2015, 9:15 AM
    | Jan. 8, 2015, 9:15 AM
  • Jan. 8, 2015, 8:03 AM
    • Apollo Group (NASDAQ:APOL) reports University of Phoenix degreed enrollment fell 13.5% to 227.4K in FQ1.
    • New degreed enrollment was 5.0% lower than a year ago at 39,600.
    • Segment revenue: University of Phoenix: $592.85M (-20.41%); Apollo Global: $114.14M (26.31%); Other: $11.06M (-8.80%).
    • Segment operating income: University of Phoenix: $93.51M (-49.03%); Apollo Global: -$4.84M; Other: -$28.18M.
    • FQ2 Guidance: Net revenue: $580M to $595M; Operating loss: $25M to $35M.
    • FY2015 Guidance: Net revenue: $2.74B to $2.80B; Operating income: $250M to $290M.
    • APOL -5.84% premarket.
    | Jan. 8, 2015, 8:03 AM
  • Jan. 8, 2015, 7:37 AM
    • Apollo (NASDAQ:APOL): FQ1 EPS of $0.44 beats by $0.02.
    • Revenue of $719.05M (-15.2% Y/Y) misses by $8.96M.
    | Jan. 8, 2015, 7:37 AM
Company Description
Apollo Education Group, Inc. engages in the provision of educational programs and services. It offers undergraduate, graduate, certificate and non-degree educational programs and services, online and on-campus. It operates through the following segments: University of Phoenix, Apollo Global, and... More
Sector: Services
Industry: Education & Training Services
Country: United States