Apollo Group Inc. (APOL), one of the world’s largest private education providers, reported net revenues of $1075.8 million in the fourth quarter of fiscal 2009, compared to net revenues of $831.4 million in the year-earlier quarter. Net income for the quarter was $91.5 million, or 59 cents per share, compared to $229.6 million or $1.43 per share in the year-ago period.  The decrease in year-over-year quarterly earnings was primarily due to one-time non-recurring pre-tax charges of $95.4 million. Excluding the one-time items, net income for the quarter was $165.6 million or $1.06 per share vis-à-vis $120.5 million or 75 cents per share in the year-earlier quarter.  For fiscal 2009, net income was $598.3 million or $3.75 per share on net revenues of approximately $4.0 billion compared to net income of $476.5 million or $2.87 per share on revenues of $3.1 billion in the previous fiscal. The ...

Gymboree Corp/ (GYMB) drastically raised its earnings guidance for the second quarter.

On Aug 19th the children's retailer reported quarterly results that included earnings of $12.2 million, up from $8 million last year. This equates to 41 cents per share, topping estimates by 3 cents.

This was the company's fifth consecutive earnings surprise.

Analysts Reacting

All 9 analysts polled by Zacks have raised estimates for this year and 8 have for next year. The consensus for the current fiscal year is now $3.29, up from $3.03 since the report.

Forecasts for next year are averaging $3.61, up from $3.29. These levels represent growth rates of 3% and 10%, respectively.

The Chart

Share of GYMB continue to please investors with another favorable response to the company's quarterly report.

Read the June 10th Feature Here

Last Week's Aggressive Growth Zacks Rank Buy Stocks

Walter

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Thursday September 3, 2009

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Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today the nuvi 1690, a portable navigation device (PND) with a built-in wireless module that lets customers tap into Garmin’s nuLink! service that provides direct links to certain online information like Google(TM) local search,

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For Immediate Release

Chicago, IL – September 1, 2009 – Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value.

The four highlighted picks are: Apollo Group, Inc. (APOL), Lancaster Colony Corporation (LANC), Autonation, Inc. (AN) and Watson Wyatt Worldwide, Inc. (WW).      Today, Zacks is promoting its ''Buy'' stock recommendations. Four daily picks are offered free at http://at.zacks.com/?id=5607

Zacks #1 Rank Stocks have nearly tripled the S&P 500 since 1988, producing an average annual return of +26%. Performance has been notable even during volatile and down times. For example, during the last bear market, 2000-2002, the market tumbled -37.6% – but Zacks #1 Rank stocks gained +43.8%.

Here is

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On average, college tuition has increased 8% per year so that the cost of college has doubled about every 9 years.

Over the past few decades, parents and students have been eager to pay the increases, especially for the most prestigious colleges and graduate schools, on the belief that there would be a pay-off through higher earnings later down the road.

The Recession Changes Thinking on Higher Education

Education was long seen as untouchable by supply and demand criteria. The thinking went that no matter how much you charged there would always be a group of students eager for the credential.

The recession is changing all those thoughts in a sudden and dramatic way.

According to a June report by the National Association of Independent Colleges and Universities, tuition and fees at private colleges and universities are expected to rise in 2009-2010 an average of 4.3%, the lowest percentage

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Apollo Group (APOL) continues to top Wall Street estimates and has once again sent analysts scrambling to catch up.

Company Description

Apollo Group, Inc. has been providing higher education to working adults for over 25 years. They operate through their subsidiaries, the University of Phoenix, Inc., the Institute for Professional Development, the College for Financial Planning Institutes Corporation, Western International University, Inc., and Apollo Learning Group, Inc.

Grade-A Results

On Jun 29 Apollo announced third-quarter results for fiscal 2009 that included a 26% growth in revenue, on a year-over-year basis.

When people are unemployed, many will seek opportunities to bolster their skill set and resume. Apollo offers both and unemployment is at its highest level in decades. These factors combined to increase Total Degree Enrollment by 22% to over 420,000.

Beat the Street

The previously mention announcement also contained earnings per share

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Here are the stocks added to the Zacks #1 Rank ("strong buy") List today:

AMCOL International Corp (ACO) Apollo Group Inc (APOL) Atmel Corp (ATML) Bayer AG (BAYRY) BioDelivery Sciences International Inc (BDSI) British American Tobacco (BTI) Cadbury Plc (CBY) Celanese Corp (CE) Central European Media Enterprises Ltd (CETV) CRH Plc (CRH) Diageo Plc (DEO) First Bancorp (FBNC) Flamel Technologies SA (FLML) Flanders Corp (FLDR) Grupo Televisa SA (TV) HDFC Bank Ltd (HDB) Henkel AG (HENKY) Herbalife Ltd (HLF) Jefferies Group Inc (JEF) Jones Apparel Group Inc (JNY) L'Oreal SA (LRLCY) Longtop Financial Technologies Ltd (LFT) MFA Financial Inc (MFA) MTR Gaming Group Inc (MNTG) Multi-Color Corp (LABL) National Australia Bank Ltd (NABZY) Odyssey Re Holdings Corp (ORH) Orbitz Worldwide Inc (...

Apollo Group (...

Today we are featuring top-performing "Growth" equity mutual funds, which primarily seek long-term growth by investing in equity securities and may have income as a secondary objective.

Investors can find such funds by checking out the entire list of the Zacks #1 Rank Growth Equity Funds.3 Promising Picks

Merger Fund (MERFX) was incepted in January 1989. It seeks capital growth by investing most of its assets in companies involved in pending mergers, takeovers and other corporate reorganizations.

For most of its investments, this non-diversified fund's potential profit is equal to the difference between the price at which it acquires the target company's shares and their expected value upon completion of the transaction. While its holding period may range from a few months to well over a year, most of the fund's gains are short-term in nature.

Frederick W. Green

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Apollo Group Inc.'s (APOL) share price has entered into oversold territory with a stochastic value of 17.79. The Zacks #2 Rank ("Buy") stock has topped the consensus in each of the last 4 quarters with an average surprise of 13.83%, or 11 cents per share. Moreover, analysts have been increasing their full-year earnings estimates, with the consensus up 15 cents over the past 60 days to $3.96 per share.

Zacks Investment Research