Adtalem Global Education (ATGE) Scheduled to Post Quarterly Earnings on Thursday

Adtalem Global Education (NYSE:ATGE - Get Free Report) is scheduled to announce its earnings results after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $1.14 per share for the quarter. Investors that wish to register for the company's conference call can do so using this link.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last released its earnings results on Wednesday, January 31st. The company reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.23. Adtalem Global Education had a return on equity of 13.05% and a net margin of 7.93%. The company had revenue of $393.24 million for the quarter, compared to analysts' expectations of $372.79 million. During the same quarter in the previous year, the business posted $1.17 EPS. The business's revenue for the quarter was up 8.4% on a year-over-year basis. On average, analysts expect Adtalem Global Education to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Adtalem Global Education Stock Up 0.9 %

NYSE:ATGE traded up $0.42 on Thursday, hitting $47.63. 340,548 shares of the company's stock traded hands, compared to its average volume of 517,918. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.51. Adtalem Global Education has a 1 year low of $33.59 and a 1 year high of $62.99. The firm has a 50-day moving average price of $48.64 and a 200-day moving average price of $52.61. The company has a market cap of $1.87 billion, a PE ratio of 17.45, a price-to-earnings-growth ratio of 0.68 and a beta of 0.92.

Analyst Ratings Changes

Several brokerages have recently issued reports on ATGE. StockNews.com lowered Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a report on Wednesday, February 7th. Barrington Research reiterated an "outperform" rating and set a $65.00 price target on shares of Adtalem Global Education in a report on Tuesday. Four analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $56.67.

Adtalem Global Education Company Profile

Adtalem Global Education Inc provides workforce solutions worldwide. It operates through three segments, Chamberlain, Walden, and Medical and Veterinary. The Chamberlain segment offers degree and non-degree programs in the nursing and health professions postsecondary education industry. This segment operates Chamberlain University.