Apollo Group Inc (APOL) Crushes Earnings Estimates

Apollo Group Inc (NASDAQ:APOL) revealed its earnings numbers for the three months ending September 30, 2013 this afternoon after the market closed. The company showed earnings of 55 cents per share for the period on revenue of $845 million. On today's market, the company's stock trended down to finish Tuesday trading at $21 per share.

Analysts following the private education provider were looking for earnings of 24 cents per share from today's earnings report. Revenue for the third quarter of the year was expected to come in at $824 million. The same three months of 2012 saw the company earn 52 cents on revenue totaling 996...