Adtalem: Fiscal Q2 Earnings Snapshot

Associated Press Finance

01-31

CHICAGO (AP) — CHICAGO (AP) — Adtalem Global Education Inc. (ATGE) on Thursday reported fiscal second-quarter net income of $75.9 million.

On a per-share basis, the Chicago-based company said it had profit of $1.98. Earnings, adjusted for one-time gains and costs, were $1.81 per share.

The for-profit education company posted revenue of $447.7 million in the period.

Adtalem expects full-year earnings in the range of $6.10 to $6.30 per share, with revenue in the range of $1.73 billion to $1.76 billion.

Adtalem shares have increased 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $102.42, more than doubling in the last 12 months.

_____

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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(ATGE) on Thursday reported fiscal second-quarter net income of $75.9 million.</p>\n<p>On a per-share basis, the Chicago-based company said it had profit of $1.98. Earnings, adjusted for one-time gains and costs, were $1.81 per share.</p>\n<p>The for-profit education company posted revenue of $447.7 million in the period.</p>\n<p>Adtalem expects full-year earnings in the range of $6.10 to $6.30 per share, with revenue in the range of $1.73 billion to $1.76 billion.</p>\n<p>Adtalem shares have increased 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $102.42, more than doubling in the last 12 months.</p>\n<p>_____</p>\n<p>This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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(ATGE) on Thursday reported fiscal second-quarter net income of $75.9 million.</p>\n<p>On a per-share basis, the Chicago-based company said it had profit of $1.98. Earnings, adjusted for one-time gains and costs, were $1.81 per share.</p>\n<p>The for-profit education company posted revenue of $447.7 million in the period.</p>\n<p>Adtalem expects full-year earnings in the range of $6.10 to $6.30 per share, with revenue in the range of $1.73 billion to $1.76 billion.</p>\n<p>Adtalem shares have increased 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $102.42, more than doubling in the last 12 months.</p>\n<p>_____</p>\n<p>This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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Earnings, adjusted for one-time gains and costs, were $1.81 per share.\nThe for-profit education company posted revenue of $447.7 million in the period.\nAdtalem expects full-year earnings in the range of $6.10 to $6.30 per share, with revenue in the range of $1.73 billion to $1.76 billion.\nAdtalem shares have increased 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $102.42, more than doubling in the last 12 months.\n_____\nThis 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","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}