Apollo Education Falls Despite Q3 Earnings Beat, Lags Sales
Share price of Apollo Education Group, Inc. APOL declined almost 7% in afterhours trading as the post-secondary education provider reported lower-than-expected top line numbers in the third quarter of fiscal 2015 and reduced its fiscal 2015 guidance for the third time this year. Adjusted earnings of 53 cents per share in the third quarter of fiscal 2015 surpassed the Zacks Consensus Estimate of 47 cents per share by 12.8%. […]