4 Earnings to Look Out For This Week

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It’s January, and that means earnings seasons. Here’s a sneak peak at the four biggest earnings releases scheduled for this week:

4) Apollo Group Inc. (NASDAQ:APOL)

Apollo Group will unveil its latest earnings on Tuesday. Through its subsidiaries, Apollo Group offers innovative and unique educational programs and services both online and on-campus at the undergraduate, graduate, and doctoral levels.

Shares were off about 2 percent on Monday afternoon ahead of the earnings release. Wall Street is expecting profit per share of about $0.90, nearly 30 percent lower than the same quarter last year. In its last financial release, the company revealed that profits fell 60 percent year over year to $0.68 per share. While this technically exceeded expectations, the company is trending toward both lower revenues and earnings.

Aug. 31, 2011 Nov. 30, 2011 Feb. 29, 2012 May 31, 2012 Aug. 31, 2012
Revenue ($) in millions 1,122 1,179 970 1,131 966
Diluted EPS ($) 1.37 1.14 0.51 1.13 0.62

 

On an annual basis, revenues dropped 3.9 percent in fiscal 2011 and 10.13 percent for fiscal 2012 to $4.2 billion. EPS grew 11.6 percent in fiscal 2011, but dropped 14.4 percent in fiscal 2012 to $3.45. (Read our full Apollo earnings sneak peak.)

Unfortunately, Apollo’s stock chart for the past 52-week period looks like a stairway with a poor run-to-rise ratio that leads right to shareholder losses.

Apollo Group, Inc. Stock Chart - APOL Interactive Chart - Yahoo! Finance

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