Adtalem Global Education Inc reports results for the quarter ended December 31 - Earnings Summary

• Adtalem Global Education Inc ATGE.N reported quarterly adjusted earnings of $1.81​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.23. The mean expectation of three analysts for the quarter was for earnings of $1.37 per share. Wall Street expected results to range from $1.33 to $1.40 per share.

• Revenue rose 13.9% to $447.73 million from a year ago; analysts expected $429.27 million.

• The company reported quarterly net income of $75.86 million.

• Adtalem Global Education Inc shares had risen by 9.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the miscellaneous educational service providers peer group is also "strong buy"

Wall Street's median 12-month price target for Adtalem Global Education Inc is $111.00

This summary was machine generated from LSEG data January 30 at 10:50 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)