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ITT Educational Services Inc. Message Board

  • lesspheus lesspheus Jun 25, 2013 4:42 PM Flag

    APOL enrollment numbers are way ugly

    "University of Phoenix Degreed Enrollment was 287,500, a 17.0% decrease from the prior year third quarter, and New Degreed Enrollment was 38,900, down 24.5% from third quarter 2012."

    For those of you who dream that the worst was somehow all in the past the above quote is a wake up call. All is not well in this industry. Do not get all dreamy eyed about seeing P/E numbers based upon _trailing_ earnings. Earnings are in a _steep_ multi-year decline that people only guess may end next year.

    Sentiment: Strong Sell

 
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