Apollo Education Group Inc Bottom Line Climbs 23% In Q4

(RTTNews) - Apollo Education Group Inc (APOL) revealed earnings for its fourth quarter that gained ground from last year.

The company said its bottom line came in at $22.98 million, or $0.21 per share. This was higher than $18.73 million, or $0.17 per share, in last year's fourth quarter.

Analysts had expected the company to earn -$0.05 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 18.0% to $492.48 million. This was down from $600.29 million last year.

Apollo Education Group Inc earnings at a glance:

-Earnings (Q4): $22.98 Mln. vs. $18.73 Mln. last year. -Earnings Growth (Y-o-Y): 22.7% -EPS (Q4): $0.21 vs. $0.17 last year. -EPS Growth (Y-o-Y): 23.5% -Analysts Estimate: -$0.05 -Revenue (Q4): $492.48 Mln vs. $600.29 Mln last year. -Revenue Change (Y-o-Y): -18.0%