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BRIEF-DeVry Education Q3 earnings per share $0.62
May 4, 2017 / 8:44 PM / 7 months ago

BRIEF-DeVry Education Q3 earnings per share $0.62

May 4 (Reuters) - DeVry Education Group:

* DeVry Education Group announces third quarter fiscal 2017 results

* Q3 earnings per share $0.70 excluding items

* Q3 earnings per share $0.62

* Q3 revenue $452.1 million versus I/B/E/S view $458.2 million

* Q3 earnings per share view $0.65 -- Thomson Reuters I/B/E/S

* DeVry Education Group - fiscal 2017 q3 results contained pre-tax restructuring charges of $7.8 million

* DeVry Education Group - fiscal 2017 q3 restructuring charges primarily related to devry university, carrington college and devry group home office

* DeVry Education Group - Q4 revenue is expected to be down 3 to 4 percent versus prior year

* DeVry Education Group - Q4 operating costs before special items are expected to decrease 4 to 5 percent versus prior year

* DeVry Education Group - for FY, revenue is expected to be down 1 to 2 percent versus prior year, earnings before special items expected to grow in mid-teens range

* DeVry Education Group - full year capital spending is expected to be in $55-$60 million range

* Fy2017 earnings per share view $2.67, revenue view $1.83 billion -- Thomson Reuters I/B/E/S

* Q4 earnings per share view $0.72, revenue view $465.7 million -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

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