Adtalem Glb Education Q4 Adj $1.03 Beats $0.97 Estimate, Sales $364.64M Beat $356.40M Estimate
Portfolio Pulse from Benzinga Newsdesk
Adtalem Global Education (NYSE:ATGE) reported Q4 earnings of $1.03 per share, beating the analyst consensus estimate of $0.97 by 6.19%. However, this is a 21.37% decrease from last year's earnings. The company also reported quarterly sales of $364.64 million, beating the estimate of $356.40 million by 2.31%, a 0.94% increase from last year.
August 10, 2023 | 8:15 pm
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NEUTRAL IMPACT
Adtalem Global Education's Q4 earnings and sales beat estimates, but earnings decreased YoY. This mixed result could lead to uncertain market reactions.
Adtalem's earnings beat estimates, which is typically positive for the stock. However, the YoY decrease in earnings could offset this positive impact, leading to a neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100