Adtalem (ATGE) To Report Q2 Earnings: What's In The Cards?
Zacks Investment Research | Feb 02, 2020 08:55PM ET
Adtalem Global Education Inc. (NYSE:ATGE) is scheduled to report second-quarter fiscal 2020 results on Feb 4, after the closing bell.
In the last reported quarter, the top and bottom lines lagged the Zacks Consensus Estimate by 15.8% and 26.1%, respectively. In addition, earnings declined 22.7% from the year-ago period due to increased investments in marketing and student recruitment.
Trend in Estimate Revision
The Zacks Consensus Estimate for earnings for the quarter to be reported has been unchanged at 55 cents per share over the past 60 days. The said figure indicates a 25.7% decrease from the year-ago earnings of 74 cents per share. The consensus mark for revenues is $261.95 million, suggesting 17.3% year-over-year fall.
Adtalem Global Education Inc. Price and EPS Surprise
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