Adtalem Global Education (ATGE) Tops Q3 EPS by 3c

Adtalem Global Education (NYSE: ATGE) reported Q3 EPS of $0.72, $0.03 better than the analyst estimate of $0.69. Revenue for the quarter came in at $280.7 million versus the consensus estimate of $282.82 million.

Adtalem Outlook
For the full fiscal 2021 year, Adtalem expects revenue growth of 5 to 7%, and growth for diluted earnings per share from continuing operations, excluding special items, of 28 to 32%. If we are able to close the planned Walden acquisition in the first quarter of fiscal year 2022, the combined company would be expected to generate over $4.00 of diluted earnings per share from continuing operations, excluding special items and expected impact of purchase accounting, for fiscal year 2022.

For earnings history and earnings-related data on Adtalem Global Education (ATGE) click here.

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