Here's Why Adtalem Global Education Shed 15% of Its Value Today [The Motley Fool]
Adtalem Global Education Inc. (ATGE)
Last adtalem global education inc. earnings: 2/4 04:05 pm
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Source: The Motley Fool
A disappointing fourth quarter has investors wondering if the for-profit education company can deliver enough growth. Daniel Miller ( TMFTwoCoins ) Aug 17, 2018 at 12:55PM What happened? Shares of Adtalem Global Education Inc. ( UNKNOWN:UNKNOWN ) , a global provider of for-profit university and educational programs, were declining 15% as of 11:30 a.m. EDT on Friday after the company released disappointing fourth-quarter earnings. So what Starting from the top, Adtalem posted revenue of $319.8 million during the fourth quarter, a modest 1.5% increase over the prior year, but well short of analysts' estimates calling for $352.5 million. Adjusted earnings per share checked in at $0.86, which was higher than the prior year's $0.75, but again short of analysts' estimates of $0.90. Image source: Getty Images. In a press release, CEO Lisa Ward
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News
- Adtalem Global Education Inc. (NYSE: ATGE) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $65.00 price target on the stock.MarketBeat
- Adtalem Global Education Inc.'s (NYSE:ATGE) Intrinsic Value Is Potentially 76% Above Its Share Price [Yahoo! Finance]Yahoo! Finance
- Adtalem Global Education Announces Fiscal Third Quarter 2024 Conference Call [Yahoo! Finance]Yahoo! Finance
- Adtalem Global Education Announces Fiscal Third Quarter 2024 Conference CallBusiness Wire
- ATGE or STRA: Which Is the Better Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
ATGE
Earnings
- 1/30/24 - Beat
ATGE
Sec Filings
- 4/17/24 - Form 4
- 4/12/24 - Form 8-K/A
- 4/5/24 - Form 3
- ATGE's page on the SEC website