The Week in Preview: Expectations for Apollo Group, General Mills, Monsanto

Filed under: Earnings Reports, Forecasts, General Mills (GIS), Economic Data

The calendar quarter winds down this week, and in the days leading up to the Independence Day holiday in the U.S., Apollo Group Inc. (APOL) is expected to be an earnings winner. General Mills (GIS) and Monsanto (MON) are scheduled to report quarterly results this week as well, but analysts surveyed by Thomson Reuters expect them to post smaller profits.

Analysts on average expect for-profit education provider Apollo Group to report that its fiscal third-quarter earnings rose 18.7% from a year ago to $1.55 per share. Revenue for the three months that ended in May is expected to have risen 23.2% in the past year to $1.3 billion. Apollo Group's per-share earnings have topped consensus estimates in the past five quarters, by as much as 13 cents per share. The First Call recommendation of analysts is to buy APOL and has been for more than 90 days. Shares have fallen 28.6% in the past three months and reached a 52-week low of $43.49 on Friday.

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The Week in Preview: Expectations for Apollo Group, General Mills, Monsanto originally appeared on BloggingStocks on Sun, 27 Jun 2010 12:30:00 EST. Please see our terms for use of feeds.

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Apollo Group - United States - General Mills - Monsanto - Education

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