Apollo Plunges on Revenue Miss, Falling Enrollment

For-profit educator Apollo Group (APOL) beat fiscal fourth quarter earnings expectations but missed on revenue, sending shares down more than 9% after hours. Apollo posted 52 cents of EPS, 3 cents ahead of expectations. Revenue of $996.5 million missed expectations for $1.01 billion. The company also issued guidance for 2013 that disappointed the Street — [...]