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Adtalem Global Education (ATGE) Q2 Earnings and Revenues Surpass Estimates
ATGEAdtalem Education (ATGE) ZACKS·2025-01-30 23:56

Earnings Performance - Quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.39 per share, representing a 30.22% earnings surprise [1] - Year-over-year earnings growth from $1.23 per share to $1.81 per share [1] - Previous quarter earnings of $1.29 per share, surpassing the expected $1.12 per share with a 15.18% surprise [1] - Company has surpassed consensus EPS estimates in the last four quarters [2] Revenue Performance - Quarterly revenues of $447.73 million, exceeding the Zacks Consensus Estimate by 4.38% [2] - Year-over-year revenue growth from $393.24 million to $447.73 million [2] - Company has topped consensus revenue estimates in the last four quarters [2] Stock Performance - Adtalem shares have gained 9.9% since the beginning of the year, outperforming the S&P 500's 2.7% gain [3] - Stock's immediate price movement depends on management's commentary on the earnings call [3] Earnings Outlook - Current consensus EPS estimate for the coming quarter is $1.68 on $438.91 million in revenues [7] - Current fiscal year consensus EPS estimate is $5.89 on $1.72 billion in revenues [7] - Estimate revisions trend for Adtalem is mixed, translating into a Zacks Rank 3 (Hold) [6] Industry Context - Schools industry is currently in the top 32% of the 250 plus Zacks industries [8] - Top 50% of Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1 [8] Peer Comparison - Strategic Education (STRA) expected to report quarterly earnings of $1.19 per share, a year-over-year decline of 29.2% [9] - Strategic Education's revenues expected to be $311.96 million, up 3.1% from the year-ago quarter [10] - Strategic Education's results for the quarter ended December 2024 expected to be released on February 27 [9]