Apollo Group (APOL) is one of the largest for-profit education companies.
To be included in On Our Radar Alerts, a stock has to meet at least four of the six screens of the ZYX Change Method. A further requirement is that the probability of the other two screens being met is high.
Apollo Group reported earnings yesterday after the close. After updating the earnings data now Apollo Group meets four screens.
Apollo Group reported $1.51 vs consensus of $1.33. Apollo Group guided revenue of $4.65 billion to $4.75 billion for 2011 vs consensus of $4.67 billion.
There are two fundamental factors to understand in Apollo Group. First, Apollo Group guided revenue for 2012 in the range of $4. to $4.2 billion. Our readers will notice that this is a big decrease from 2011 revenues. The important point is that our expectations for 2012 revenues have been under $4 billion…read more.
To read rest of the analysis and the conclusion please see the Real Time Feed of the ZYX Buy Change Alert.