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What: Shares of University of Phoenix parent Apollo Group
So what: The news hasn't been terribly good for for-profit educators lately as regulators have been bearing down on the industry. While that has largely been a negative, it has also knocked down expectations and given companies like Apollo manageable quarterly hurdles to jump.
For its fiscal fourth quarter -- which ended in August -- Apollo reported adjusted earnings per share of $1.02, which easily cruised past the $0.94 that analysts were estimating. That tally was, however, down from $1.31 in adjusted EPS last year, while total revenue dropped 11% and enrollment slipped 19%.
Now what: Shares of Apollo and other for-profit educators like Corinthian Colleges
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Fool contributor Matt Koppenheffer does not have a financial interest in any of the companies mentioned. You can check out what Matt is keeping an eye on by visiting his CAPS portfolio, or you can follow Matt on Twitter @KoppTheFool or Facebook. The Fool’s disclosure policy prefers dividends over a sharp stick in the eye.