Adtalem: Fiscal Q2 Earnings Snapshot

Associated Press Finance
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CHICAGO (AP) — CHICAGO (AP) — Adtalem Global Education Inc. (ATGE) on Tuesday reported fiscal second-quarter earnings of $39.9 million.

The Chicago-based company said it had net income of 98 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.23 per share.

The for-profit education company posted revenue of $393.2 million in the period.

Adtalem expects full-year earnings in the range of $4.55 to $4.75 per share, with revenue in the range of $1.52 billion to $1.56 billion.

Adtalem shares have dropped 19% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $47.68, an increase of 27% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATGE at https://www.zacks.com/ap/ATGE

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