Apollo pre-announced results fiscal 2Q10 results, lowers estimates
Apollo pre-announced results fiscal 2Q10 results, with EPS from continuing operations lower than our and the consensus estimate. 2Q10 EPS from continuing operations is expected to be $0.77-0.82 versus the consensus estimate of $0.94.
The pre-market announcement apparently is due to
1) higher than expected bad debt expense,
2) greater than expected investments in BP Holdings, the European [...]
Read More About - Apollo pre-announced results fiscal 2Q10 results, lowers estimates »
EDU stocks continue to get hit
Clearly the EDU stocks are continuing to get hit. Apol is leading the downward trend, but the others are following. Many of the analysts I speak with are still concerned about pending legislative changes… Thought they all agree that for the most part on the state level the for-profits are welcomed, but at the federal/national [...]
Apollo Group gets hammered due to SEC inquiry!
Apollo group is getting hammered today due to its announcement of the SEC inquiry yesterday. I would have to agree with JPM & Piper Jaffray’s view on this and believe the market is once again over reacting to EDU news… Their EPS & Enrollment are above expectations & their retention has continued to improve. In addition [...]
Read More About - Apollo Group gets hammered due to SEC inquiry! »
Education committee hearing of the U.S. House of Representatives
If U.S. education officials follow through on their assurances to lawmakers Wednesday, higher-education institutions that participate in federal student aid programs could face a lot more scrutiny in how they enroll students.
At an education committee hearing of the U.S. House of Representatives, an Education Department official and a government investigator vowed to go after institutions [...]
Read More About - Education committee hearing of the U.S. House of Representatives »
Experts say Online learning give students a “modest but statistically meaningful difference” in learning performance
Recently a 93-page report on online education, conducted by SRI International for the Department of Education, has delivered an interesting conclusion: “On average, students in online learning conditions performed better than those receiving face-to-face instruction.” The New York times reported the article here: New York Times
Whens the next wave of acquisitions comming?
I have heard a few rumors but wanted to see what you think. 2002-2003 was suck a massive year for acquisitions but we haven’t seen a boom year (regarding acquisitions) since. Whose ripe for the picking? Whens the next roll-up coming out? There are so many nice mid-sized private for-profit schools out there just lining [...]
Read More About - Whens the next wave of acquisitions comming? »
Apollo & their Cohort Default Issue
university of phoenix, apollo, default rate, cohort default rate
