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Here's Why Adtalem Global Education Shed 15% of Its Value Today [The Motley Fool]

ADTELEM GLOBAL EDUCATION INC (ATGE)  More Company Research Source: The Motley Fool
Last adtelem global education inc earnings: 11/1 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.adtalem.com
PDF 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 [Read more]

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