Published on 3 May 2024 on GuruFocus.com via Yahoo Finance
Adtalem Global Education Inc. (ATGE) Fiscal Q3 Earnings: Outperforms Analyst Projections with ...
Revenue: Reported at $412.66 million, up 11.8% year-over-year, surpassing the estimated $391.70 million.Diluted EPS: Recorded at $0.93, falling below the estimated $1.16.Adjusted EPS: Achieved $1.50, reflecting a 32.7% increase year-over-year, exceeding the estimated $1.16.Total Enrollment: Increased by 7.8% year-over-year, supporting growth momentum.Fiscal Year 2024 Guidance: Revenue guidance raised to $1,560 million to $1,580 million, and adjusted EPS guidance increased to $4.80 to $5.00.Segment Performance: Chamberlain revenue grew by 13.8% and Walden's operating income surged by 128.0%, indicating strong segment-specific growth.Capital Allocation: Focused on enhancing shareholder value and supporting strategic growth areas.
Warning! GuruFocus has detected 2 Warning Sign with ATGE.