Apollo Group Sells Off Sharply in Premarket Trading

Posted On Tuesday, 29 Mar 2011 By . Under Bad News, Before the Bell, Earnings  Tags: , , , , , , , , , , , , , , , , , , ,   
Apollo Group Sells Off Sharply in Premarket Trading Shares of Apollo Group (APOL) are off sharply in premarket trading after the company reported that it had swung to a loss during its fiscal second quarter. Going into this morning's earnings report, analysts had been expecting to see Apollo Group report earnings of $0.69 for its fiscal second quarter. Adjusted earnings were higher than estimates at $0.84 per share, but actual results showed a loss of $0.45 per share. The primary ...

Xerox Soars Following Strong Q1 Earnings

Posted On Friday, 23 Apr 2010 By . Under Earnings, Good News, Major Moves, New Highs  Tags: , , , , , , , , , , , , , ,   
Xerox Soars Following Strong Q1 Earnings Shares of Xerox (XRX) are soaring today, and set a new 52 week high today after posting better than expected first quarter numbers. Going into this mornings earnings report, analysts were forecasting $0.15 per share, verses $0.05 during the same period last year. Actual earnings came in well above estimates, at $0.18 per share excluding special items. Revenues were up by 33% during the quarter to $4.7 billion. Analysts had forecast revenues of ...