Adtalem Glb Education Q2 Adj EPS $1.23 Beats $0.98 Estimate
Portfolio Pulse from Benzinga Newsdesk
Adtalem Global Education Inc. (ATGE) reported an adjusted EPS of $1.23 for Q2, surpassing the consensus estimate of $0.98 by 25.51%. This represents a 5.13% increase from the $1.17 EPS reported in the same quarter of the previous year.
January 30, 2024 | 10:39 pm
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Adtalem Global Education Inc. reported a higher than expected adjusted EPS for Q2 at $1.23, beating estimates by 25.51% and showing a year-over-year growth of 5.13%.
The positive earnings report indicates strong financial performance and efficiency, which typically leads to increased investor confidence and can drive the stock price up in the short term. The significant beat on consensus estimates and year-over-year growth are key drivers of this positive outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100