Adtalem Global Education Inc. (NYSE:ATGE) is expected to report first quarter earnings results, after market close, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate first quarter income of $ 0.40 per share from revenue of $ 258.92 million.
Looking ahead, the full year income are expected at $ 2.68 per share on the revenues of $ 1093.13 million.
Previous Quarter Performance
Adtalem Global Education Inc. unfold income for the fourth quarter of $ 0.58 per share, from the revenue of $ 259.73 million. The quarterly earnings reduced 40.21 percent while revenues reduced 21.36 percent compared with the same quarter last year.
According to street consensus, ATGE was expected to report 4Q20 income of $ 0.64 per share from revenue of $ 258.51 million. The bottom line results missed street analysts by $ 0.06 or 9.38 percent, at the same time, top line results outshined analysts by $ 1.22 million or 0.47 percent.
Stock Performance
Shares of Adtalem Global Education Inc. traded up $ 0.87 or 3.59 percent on Wednesday, reaching $ 25.10 with volume of 347.70 thousand shares. Adtalem Global Education Inc. has traded high as $ 25.16 and has cracked $ 23.33 on the downward trend
The closing price of $ 25.10, representing a 22.62 % increase from the 52 week low of $ 19.76 and a 37.02 % decrease over the 52 week high of $ 38.47.
The company has a market capital of $ 1.31 billion and is part of the Consumer Defensive sector and Education & Training Services industry.
Conference Call
Adtalem Global Education Inc. will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.adtalem.com
Adtalem Global Education Inc. provides educational services worldwide. It operates through three segments: Medical and Healthcare, Professional Education, and Technology and Business.
