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Conference Call Participations, and Financial Results - Research Report on Apollo, Grand Canyon Education, New Oriental Education & Technology, ITT Educational Services, and American Public Education


News provided by

Analysts' Corner

Nov 11, 2013, 08:00 ET

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NEW YORK, November 11, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting Apollo Group Inc. (NASDAQ: APOL), Grand Canyon Education, Inc. (NASDAQ: LOPE), New Oriental Education & Technology Group (NYSE: EDU), ITT Educational Services Inc. (NYSE: ESI), and American Public Education, Inc. (NASDAQ: APEI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Apollo Group Inc. Research Report  

On November 6, 2013, Apollo Group Inc. (Apollo Group) announced that it will participate at the upcoming J.P. Morgan Ultimate Services Investor Conference, to be held on Wednesday, November 13, 2013, at the Westin Grand Central in New York City. According to the Company, Apollo Group is scheduled to make the presentation at 8:30 a.m. ET on November 13, 2013, and the same will be webcast live and archived on the Investor Relations section of the Company's website. The Full Research Report on Apollo Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.analystscorner.com/r/full_research_report/70e3_APOL]

Grand Canyon Education, Inc. Research Report

On October 29, 2013, Grand Canyon Education, Inc. (Grand Canyon Education) reported its financial results for Q3 2013. The Company's net revenue increased 14.1% YoY to $152.4 million in Q3 2013. Net income for Grand Canyon Education was $22.5 million or $0.49 per diluted share in Q3 2013, compared to net income of $18.5 million or $0.41 per diluted share in Q3 2012. The Full Research Report on Grand Canyon Education, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.analystscorner.com/r/full_research_report/d529_LOPE]

New Oriental Education & Technology Group Research Report

On October 23, 2013, New Oriental Education & Technology Group Inc. (New Oriental) reported its financial results for Q1 FY 2014 (period ended August 31, 2013). Net revenue increased 15.7 % YoY to $388.7 million during the quarter. Net income attributable to New Oriental was $126.5 million in Q1 FY 2014, compared to $95.9 million in Q1 FY 2013. Commenting on the results, New Oriental's Chairman and CEO, Michael Yu said, "We are pleased to report strong financial results for the first quarter of fiscal year 2014 that further validate our 'Harvest the Market' strategy. We substantially improved profitability during the quarter, with net income growth of 31.9% year-over-year to approximately US$126.5 million, operating income growth of 33.4% year-over-year to approximately US$135.5 million, and operating cash flow growth of 55.9% year-over-year to approximately US$167.4 million. In the quarters ahead, we will continue to focus on improving operating efficiency to drive long-term healthy growth and deliver sustained shareholder value." The Full Research Report on New Oriental Education & Technology Group - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.analystscorner.com/r/full_research_report/fc61_EDU]

ITT Educational Services Inc. Research Report

On October 24, 2013, ITT Educational Services Inc. (ITT Educational Services) reported its financial results for Q3 2013. The Company's revenue decreased 17.6% YoY to $259.4 million in Q3 2013. Net income was $18.9 million or $0.80 per diluted share in Q3 2013, compared to net income of $42.9 million or $1.83 per diluted share in Q3 2012. The Full Research Report on ITT Educational Services Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.analystscorner.com/r/full_research_report/bd49_ESI]

American Public Education, Inc. Research Report

On November 5, 2013, American Public Education, Inc. (American Public Education) reported its financial results for Q3 2013. The Company's revenue increased 6.0% YoY to $81.8 million in Q3 2013. Net income for American Public Education was $10.9 million or $0.61 per diluted share in Q3 2013, compared to net income of $10.8 million or $0.60 per diluted share in Q3 2012. The Company informed that for Q4 2013, it anticipates revenues to decrease in the range of 9% to 5% YoY, and also expects net income to range between $0.50 and $0.54 per diluted share. The Full Research Report on American Public Education, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

[http://www.analystscorner.com/r/full_research_report/9318_APEI]

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to making mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

http://www.analystscorner.com/

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