Phoenix-based adult-education company Apollo Group reported a 46% jump in consolidated earnings Monday. Consolidated net income was $74.3 million, compared with $50.8 million for the same period last year. Consolidated revenue was $364.2 million, up about 32%, the company said. Looking ahead, Apollo Group expects revenue for the quarter ending Aug. 31 to be $365 million to $368 million and $1.33 billion to $1.34 billion for fiscal 2003. Earnings per share attributed to Apollo Education Group ( APOL), its publicly traded higher-education unit, are expected to be 33 cents for the fourth quarter and $1.27 for 2003. Analysts expect 33 cents a share for the quarter and $1.22 for the year. In the quarter ended May 31, net income attributed to Apollo Education Group was $69.8 million, or 39 cents a share, compared with $48.4 million, or 27 cents a share, in the previous-year quarter. Analysts were expecting the company to earn 35 cents a share. The company's University of Phoenix Online ( UOPX) segment reported quarterly earnings that beat analysts' consensus, and the company's estimated fourth-quarter and full-year profits are also expected to top analysts' projections. In the third quarter, net income attributed to the company was $4.4 million, or 27 cents a share, compared with $2.4 million, or 16 cents a share, in the year-ago period. Analysts were expecting the company to earn 25 cents a share. Total revenue for University of Phoenix Online rose 60.2% to $145.8 million, compared with $91.0 million in the third quarter of 2002. University of Phoenix Online expects revenue for the fourth quarter to be $154 million to $155 million and it expects $527 million to $528 million for 2003. Earnings per share attributed to the company are expected to be 26 cents for the quarter, which matches analysts' consensus, and 90 cents for the year, ahead of analysts' consensus of 88 cents. Shares of Apollo Education Group closed at $61.06 Friday and shares of University of Phoenix Online closed at $49.85 on the Nasdaq.