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Apollo Group Earnings Are on Deck

Wednesday - 3/20/2013, 5:56pm  ET

Apollo Group is expected to report Q2 earnings on March 25. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Apollo Group's revenues will compress -15.1% and EPS will compress -69.0%.

The average estimate for revenue is $822.8 million. On the bottom line, the average EPS estimate is $0.18.

Revenue details
Last quarter, Apollo Group tallied revenue of $1.06 billion. GAAP reported sales were 10.0% lower than the prior-year quarter's $1.17 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $1.22. GAAP EPS of $1.18 for Q1 were 3.5% higher than the prior-year quarter's $1.14 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 59.0%, 230 basis points worse than the prior-year quarter. Operating margin was 22.6%, 160 basis points worse than the prior-year quarter. Net margin was 12.7%, much about the same as the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $3.73 billion. The average EPS estimate is $2.64.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 792 members out of 945 rating the stock outperform, and 153 members rating it underperform. Among 251 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 200 give Apollo Group a green thumbs-up, and 51 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Apollo Group is hold, with an average price target of $30.31.

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This article was originally published as Apollo Group Earnings Are on Deckon Fool.com

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