Adtalem (ATGE) Q3 Earnings Top Estimates, 2024 Guidance Up

Published on 3 May 2024 on Zacks via Yahoo Finance

Adtalem (ATGE) Q3 Earnings Top Estimates, 2024 Guidance Up

Adtalem Global Education Inc. ATGE reported impressive results for third-quarter fiscal 2024, wherein earnings and revenues surpassed their respective Zacks Consensus Estimate. Also, both metrics increased year over year.Revenue growth and operational efficiencies, which were partially offset by investments in Growth with Purpose initiatives, helped ATGE post solid margins. Impressively, its Growth with Purpose strategy allowed the company to expand access to high-quality, in-demand programs.

Earnings, Revenues & Margins Discussion

Adjusted earnings per share (EPS) of $1.50 topped the consensus mark of $1.15 by 30.4% and surged 32.7% from $1.13 in the year-ago quarter.

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Adtalem (ATGE) Q3 Earnings Top Estimates, 2024 Guidance Up

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Adtalem (ATGE) Q3 Earnings Top Estimates, 2024 Guidance Up

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