Apollo Group (APOL) -8% premarket. The company beat earnings expectations but only after...

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

Apollo Group (APOL) -8% premarket. The company beat earnings expectations but only after excluding a $220M writedown and estimated litigation losses; otherwise, EPS was -$0.45, with enrollment -12% at its University of Phoenix. Apollo also issues downside guidance; sees FY'12 revenue of $4B-4.25B vs. $4.51B consensus.