RPT-PREVIEW-Apollo Group Q3 results may meet or exceed Wall St

lunes 29 de junio de 2009 14:00 CEST

(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: Cotización), 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...