Adtalem Global Sees FY24 Revenue $1.47B-$1.53B Vs $1.48B Est; Sees FY24 Adj. EPS $4.25-$4.45 Vs $4.31 Est
Portfolio Pulse from Benzinga Newsdesk
Adtalem Global Education Inc. (ATGE) has projected its FY24 revenue to be between $1.47 billion and $1.53 billion, compared to the estimated $1.48 billion. The company also expects its FY24 adjusted EPS to be between $4.25 and $4.45, against the estimated $4.31.
October 26, 2023 | 9:13 pm
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POSITIVE IMPACT
Adtalem Global's FY24 revenue and adjusted EPS projections are slightly higher than estimates, which could potentially have a positive impact on its stock price.
Adtalem Global's projected FY24 revenue and adjusted EPS are both higher than the estimates. This indicates that the company is confident about its future performance, which could potentially attract investors and drive up its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100