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DAILY EARNINGS

Apollo Education, Family Dollar Net Tumble


Author: Mukesh Buch
ticker.com
Last Update: 2:44 AM ET January 08 2015

12:30 AM New York Apollo Education first-quarter net plummeted 66% to $34 million. Constellation Brands third-quarter net jumped 5% to $222 million. Family Dollar first-quarter net tumbled 47% to $41 million. Global Payments second-quarter net rose 1% to $75 million.

Tollbooth Index jumped 1.3% or 128.10 to 10,008.92.

Earnings Review

Apollo Education Group Inc (APOL), the educational service provider said net revenues in the first-quarter ending in November declined 15.2% to $719.1 million in the same period a year ago.

Net income in the quarter plummeted 65.8% to $33.8 million or 31 cents a diluted share compared to $98.9 million or 87 cents from the same quarter last year.

Constellation Brands, Inc (STZ), the beer, wine and spirit producer reported net sales in the third-quarter ending in November jumped 7.5% to $1.71 billion in the same period a year ago.

Net income in the quarter advanced 5.3% to $222.2 million or $1.01 a diluted share compared to $211 million or 98 cents from the same quarter last year.

Family Dollar Stores, Inc (FDO), the discount store chain operator said total sales in the first-quarter ending on November 29 increased 2.3% to $2.56 billion in the same period a year ago. Comparable store sales in the quarter decreased 0.4%.

Net income in the quarter tumbled 46.9% to $41.4 million or 36 cents a diluted share compared to $78 million or 68 cents from the same quarter last year.

Global Payments Inc (GPN), the electronic payment service provider stated revenues in the second-quarter ending in November soared 10% to $697.3 million billion in the same period a year ago.

Net income in the quarter rose 1.2% to $74.8 million or $1.10 a diluted share compared to $73.9 million or $1.02 from the same quarter last year.
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc