Earnings Outlook For Adtalem Global Education
Adtalem Global Education (NYSE: ATGE) unveils its next round of earnings Thursday. Here is Benzinga's everything-that-matters guide for the Q3 earnings announcement
Earnings and Revenue
Adtalem Global Education EPS will likely be near 71 cents per share while revenue will be around $344.2 million, according to analysts.
In the same quarter last year, Adtalem Global Education reported earnings per share of 70 cents on revenue of $452 million. The Wall Street consensus estimate for earnings would represent a 1.43 percent increase for the company. Sales would be down 23.86 percent from the year-ago period. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
EPS Estimate | 0.75 | 0.94 | 0.65 | |
EPS Actual | 0.76 | 0.3 | 0.78 | 0.7 |
Stock Performance
Over the last 52-week period, shares are down 0 percent. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release. Analysts' have adjusted their estimates higher for EPS and revenues over the past 90 days. Analysts generally rate Adtalem Global Education stock as Strong Sell. The strength of this rating has dwindled over the past three months.
Conference Call
Adtalem Global Education is scheduled to hold a conference call at 4:00 p.m. ET and it can be accessed here: http://www.investorcalendar.com/event/28016
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