Apollo Group (Nasdaq: APOL ) is expected to report Q1 earnings on Jan. 8. 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 shrink -12.7% and EPS will wither -29.7%.
The average estimate for revenue is $1.03 billion. On the bottom line, the average EPS estimate is $0.90.
Last quarter, Apollo Group reported revenue of $996.5 million. GAAP reported sales were 9.4% lower than the prior-year quarter's $1.10 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.52. GAAP EPS of $0.67 for Q4 were 51% lower than the prior-year quarter's $1.38 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 54.3%, 710 basis points worse than the prior-year quarter. Operating margin was 9.9%, 1,080 basis points worse than the prior-year quarter. Net margin was 7.6%, 950 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $3.77 billion. The average EPS estimate is $2.71.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 796 members out of 948 rating the stock outperform, and 152 members rating it underperform. Among 243 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 193 give Apollo Group a green thumbs-up, and 50 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 $41.64.
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