Financial Results, Upcoming Earnings Releases, and New Ventures - Research Report on Apollo Education Group, New Oriental, ITT/ESI, K12, and TAL
NEW YORK, January 13, 2014 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Apollo Education Group, Inc. (NASDAQ: APOL), New Oriental Education & Technology Group Inc. (NYSE: EDU), ITT Educational Services, Inc. (NYSE: ESI), K12 Inc. (NYSE: LRN), and TAL Education Group (NYSE: XRS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Apollo Education Group, Inc. Research Report
On January 7, 2014, Apollo Education Group, Inc. (Apollo Education Group) reported Q1 FY 2014 financial results (period ended November 30, 2013). The Company reported net revenues of $856.3 million, down 18.8% YoY. Net income attributable to Apollo Education Group was $98.9 million or $0.87 per diluted share for Q1 FY 2014, compared to $133.5 million or $1.18 per diluted share in Q1 FY 2013. Greg Cappelli, CEO of Apollo Education Group, stated, "At Apollo Education Group, we are making good progress on our strategic plan to differentiate University of Phoenix, diversify Apollo and drive operational excellence throughout our organization. To support our strategy, we continue to innovate, roll out new and differentiated programs that lead to careers of choice, expand our footprint globally while sharing best practices to leverage our growing network and become a more efficient company." The Full Research Report on Apollo Education 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
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New Oriental Education & Technology Group, Inc. Research Report
On December 27, 2013, New Oriental Education & Technology Group, Inc. (New Oriental) announced that it will report its Q2 FY 2014 financial results (period ended November 30, 2013) on January 21, 2014, before the US market opens. The Company stated that its management will hold an earnings conference call on the same day at 8:00 a.m. ET (9:00 p.m. Beijing/Hong Kong Time). New Oriental added that a live and archived webcast of the conference call will be available on its website. The Full Research Report on New Oriental Education & Technology 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/fc61_EDU
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ITT Educational Services, Inc. Research Report
On January 8, 2014, ITT Educational Services, Inc. (ITT/ESI) announced that it will release its Q4 2013 and full-year 2013 results on January 30, 2014, before the market opens. The Company stated that it will also hold a conference call with financial analysts at 11:00 a.m. ET to discuss the results. ITT/ESI stated that a live webcast of the conference call can be accessed at its website, with an archived version of the same to be available for replay until January 30, 2015. 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
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K12 Inc. Research Report
On January 7, 2014, K12 Inc. (K12) announced that it intends to form a new company with an investor group led by Safanad Limited. K12 informed that the new company would focus on the expansion and integration of technology-based learning programs in pre-K through college worldwide by managing and expanding several existing early stage businesses and targeted investments within the education services sector. The Company informed that under the proposed terms, the investor group led by Safanad Limited would hold a majority stake in the new company, while K12 would own an initial minority stake over 25%. K12 further stated that the parties have executed a non-binding letter of intent and are working to complete definitive agreements. The Company added that Ron Packard, Founder and former CEO of K12, has resigned from the Company to lead the new company as its CEO. K12 stated that Nate Davis has been appointed as new CEO of the Company. The Full Research Report on K12 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/1f5d_LRN
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TAL Education Group Research Report
On January 2, 2014, TAL Education Group (TAL) announced that the release of its unaudited Q3 FY 2014 financial results (period ended November 30, 2013) is scheduled on January 22, 2014, before the market opens. The Company stated that it will host a conference call and live webcast on the same day at 8:00 a.m. ET / 9:00 p.m. Beijing Time. TAL stated that a live and archived webcast of the conference call will be available on the Investor Relations section of its website. The Full Research Report on TAL Education 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/8353_XRS
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