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Adtalem Global Education Inc (ATGE.N)

ATGE.N on New York Stock Exchange

43.24USD
23 May 2019
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Latest Key Developments (Source: Significant Developments)

Adtalem Global Education Q3 Earnings Per Share $0.64
Thursday, 2 May 2019 

May 2 (Reuters) - Adtalem Global Education Inc ::ADTALEM GLOBAL EDUCATION ANNOUNCES THIRD QUARTER FISCAL 2019 RESULTS.Q3 REVENUE $308.6 MILLION VERSUS REFINITIV IBES ESTIMATE OF $315.4 MILLION.Q3 EARNINGS PER SHARE $0.68 FROM CONTINUING OPERATIONS EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $0.64.SEES Q4 2019 REVENUE UP ABOUT 3 TO 4 PERCENT.Q3 EARNINGS PER SHARE ESTIMATE $0.65 -- REFINITIV IBES DATA.Q4 REVENUE VIEW $347.4 MILLION -- REFINITIV IBES DATA.NEW STUDENT ENROLLMENT ACROSS PORTFOLIO INCREASED 15.4% IN QUARTER.REAFFIRMING OUR GUIDANCE FOR EARNINGS PER SHARE GROWTH IN FY.ADJUSTED OUR FULL-YEAR REVENUE EXPECTATIONS.FISCAL YEAR REVENUE IS EXPECTED TO BE ESSENTIALLY FLAT COMPARED TO PRIOR YEAR.FY 2019 EPS FROM CONTINUING OPERATIONS EXCLUDING SPECIAL ITEMS ARE EXPECTED TO GROW IN 2 TO 3 PERCENT RANGE.FULL YEAR CAPITAL SPENDING IS EXPECTED TO BE APPROXIMATELY $65 MILLION.Q4 OPERATING COSTS EXCLUDING SPECIAL ITEMS ARE EXPECTED TO INCREASE 3 TO 4 PERCENT.FY2019 REVENUE VIEW $1.26 BILLION -- REFINITIV IBES DATA.EXPERIENCED PRESSURE ON TOP-LINE PRIMARILY DUE TO CHALLENGES IN BRAZIL.IN BRAZIL CURRENCY HEADWINDS AND DELAYS IN FIES FUNDING NEGATIVELY IMPACTED TOP-LINE GROWTH IN QUARTER.  Full Article

Adtalem Global Education Announces New $300 Million Share Repurchase Program
Thursday, 8 Nov 2018 

Adtalem Global Education Inc ::ADTALEM GLOBAL EDUCATION ANNOUNCES NEW $300 MILLION SHARE REPURCHASE PROGRAM.ADTALEM GLOBAL EDUCATION - BOARD APPROVED SHARE REPURCHASE PROGRAM FOR $300 MILLION WHICH EXPIRES DECEMBER 31, 2021.ADTALEM GLOBAL - NEW PROGRAM WILL COMMENCE WHEN REPURCHASES FROM CURRENT PROGRAM ARE COMPLETE; EXPECTED TO OCCUR IN EARLY CALENDAR YEAR 2019.  Full Article

Adtalem Global Education Announces Q2 Loss Per Share $1.33
Tuesday, 6 Feb 2018 

Feb 6 (Reuters) - Adtalem Global Education Inc ::ADTALEM GLOBAL EDUCATION ANNOUNCES SECOND QUARTER FISCAL 2018 RESULTS.Q2 EARNINGS PER SHARE $0.76 FROM CONTINUING OPERATIONS EXCLUDING ITEMS.Q2 LOSS PER SHARE $1.33.Q2 REVENUE ROSE 1 PERCENT TO $337.2 MILLION.SEES FY 2018 REVENUE UP 1 TO 2 PERCENT.SEES Q3 2018 REVENUE UP 3 TO 4 PERCENT.ADTALEM GLOBAL EDUCATION - QTRLY RESULTS CONTAINED TAX EXPENSE OF $101.2 MILLION RELATED TO ADOPTION OF TAX CUTS AND JOBS ACT OF 2017.ADTALEM GLOBAL EDUCATION - SEES 2018 CAPITAL SPENDING IN $60 TO $65 MILLION RANGE, EXCLUDING HURRICANE-RELATED SPENDING.  Full Article

Adtalem Global Education Entered Into A Stock Purchase Agreement On Dec 4
Monday, 4 Dec 2017 

Dec 4 (Reuters) - Adtalem Global Education Inc ::ADTALEM GLOBAL EDUCATION INC SAYS ON DECEMBER 4, 2017, CO ENTERED INTO A STOCK PURCHASE AGREEMENT.ADTALEM GLOBAL EDUCATION - AGREEMENT INCLUDES EARN-OUT ENTITLING ADTALEM TO PAYMENTS UP TO $20 MILLION PAID OVER A 10 -YEAR PERIOD BASED ON UNIVERSITY'S FREE CASH FLOW.ADTALEM GLOBAL EDUCATION INC - ADTALEM HAS COMMITTED TO TRANSFERRING UNIVERSITY WITH A MINIMUM WORKING CAPITAL BALANCE OF $7.5 MILLION.ADTALEM GLOBAL EDUCATION INC - ADTALEM AGREED TO SELL DEVRY UNIVERSITY TO COGSWELL EDUCATION, LLC.ADTALEM GLOBAL EDUCATION - CO TO SELL OUTSTANDING EQUITY INTERESTS OF DEVRY UNIVERSITY AND DEVRY NEW YORK INC. TO BUYER FOR DE MINIMIS CONSIDERATION.  Full Article

Adtalem Global Education Inc reports Q1 earnings per share $0.20
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Adtalem Global Education Inc :Adtalem Global Education Inc announces first quarter fiscal 2018 results.Q1 earnings per share $0.30 excluding items.Q1 earnings per share $0.20.Q1 revenue $421 million versus I/B/E/S view $429.7 million.Sees fy 2018 revenue down 2 to 3 percent.Sees q2 2018 revenue down 4 to 5 percent.Q1 earnings per share view $0.46 -- Thomson Reuters I/B/E/S.Adtalem Global Education Inc - ‍full year capital spending is expected to be in $60 to $65 million range​.  Full Article

Adtalem Global Education Q4 EPS $0.67
Thursday, 17 Aug 2017 

Aug 17 (Reuters) - Adtalem Global Education Inc ::Says Q4 results contained pre-tax restructuring charges of $12 million related to restructuring at DeVry​ University & at co’s home office.Adtalem Global Education announces fourth quarter and full year fiscal 2017 results.Q4 earnings per share $0.78 excluding items.Q4 earnings per share $0.67.Q4 revenue $451.5 million versus I/B/E/S view $454.5 million.Sees Q1 2018 revenue down 4 to 5 percent.Q4 earnings per share view $0.69 -- Thomson Reuters I/B/E/S.Says ‍fiscal 2018 full year revenue is expected to be flat to down 1 percent compared to prior year​.Says Q1 operating costs before special items are expected to decline 4 to 5 percent versus prior year.Says full year 2018 capital spending is expected to be in $65 to $70 million range​.FY2018 revenue view $1.80 billion -- Thomson Reuters I/B/E/S.Says‍ fiscal 2018 full year earnings before special items expected to grow in low single digit range as compared to prior year​.Q1 revenue view $450.9 million -- Thomson Reuters I/B/E/S.  Full Article

Adtalem Global Education Q4 EPS $0.78 excluding items
Thursday, 17 Aug 2017 

Aug 17 (Reuters) - Adtalem Global Education Inc ::Adtalem Global Education announces fourth quarter and full year fiscal 2017 results.Q4 earnings per share $0.78 excluding items.Q4 earnings per share $0.67.Q4 revenue $451.5 million versus I/B/E/S view $454.5 million.Sees Q1 2018 revenue down 4 to 5 percent.Q4 earnings per share view $0.69 -- Thomson Reuters I/B/E/S.Adtalem Global Education Inc - ‍ fiscal 2018 full year revenue is expected to be flat to down 1 percent compared to prior year​.Adtalem Global Education Inc - Q1 operating costs before special items are expected to decline 4 to 5 percent versus prior year.Adtalem Global Education-‍fiscal 2017 Q4 results contained total pre-tax restructuring charges of $12.0 million primarily related to restructuring at devry​.Adtalem Global Education Inc - ‍ full year capital spending is expected to be in $65 to $70 million range​.FY 2018 revenue view $1.80 billion -- Thomson Reuters I/B/E/S.Adtalem Global Education Inc - ‍ fiscal 2018 full year earnings before special items expected to grow in low single digit range as compared to prior year​.Q1 revenue view $450.9 million -- Thomson Reuters I/B/E/S.  Full Article