EDUCATION DIVE: Apollo Education Group earnings results worse than expected
Career College Central Summary:
Apollo Education Group’s stock price dropped and ratings analysts advised stockholders to sell following the company’s release of its third quarter earnings report.
TheStreet Ratings Team calculates a drop in earnings per share of about 307% since the same quarter of last year — stockholders now earn 44 cents per share.
Net Income, from the same quarter a year ago according to the Ratings Team, has dropped from $14.61 million last year to -$33.61 million now, a decrease of 330%.
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