RPT-PREVIEW-Apollo Group Q3 results may meet or exceed Wall St
(Repeats Friday's item with no changes to text)
* What: Q3 results
* When: Monday, June 29
* Q3 expected to meet or beat market expectations
* Enrollments continue to grow
By Amulya Nagaraj
BANGALORE, June 26 (Reuters) - Apollo Group Inc APOL.O, like other education providers, has benefited from the recession as more people returned to school in search of a better degree, but analysts say the trend will taper off as the economy improves.
Thus the third quarter ended May 31 might well be the inflection point for the for-profit education provider.
"Enrollments will still be strong but this will probably be the best quarter. It will slow down after but not like falling off a cliff," BMO Capital analyst Jeffrey Silber said. Continuación...