$0.48 EPS Expected for DeVry Education Group Inc. (ATGE) This Quarter

Analysts expect that DeVry Education Group Inc. (NYSE:ATGE) will post earnings per share of $0.48 for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for DeVry Education Group’s earnings, with the highest EPS estimate coming in at $0.55 and the lowest estimate coming in at $0.45. DeVry Education Group reported earnings of $0.45 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 6.7%. The firm is scheduled to issue its next earnings results on Tuesday, November 7th.

According to Zacks, analysts expect that DeVry Education Group will report full year earnings of $2.88 per share for the current year, with EPS estimates ranging from $2.82 to $2.92. For the next fiscal year, analysts forecast that the firm will report earnings of $3.21 per share, with EPS estimates ranging from $3.16 to $3.27. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for DeVry Education Group.

Separately, ValuEngine downgraded shares of DeVry Education Group from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $35.80.

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Shares of DeVry Education Group (NYSE ATGE) traded up 2.22% on Tuesday, reaching $34.50. 398,324 shares of the company were exchanged. The stock has a 50 day moving average of $37.74 and a 200-day moving average of $34.81. DeVry Education Group has a 52-week low of $21.85 and a 52-week high of $40.70. The company has a market capitalization of $2.14 billion, a P/E ratio of 18.06 and a beta of 0.88.

About DeVry Education Group

Adtalem Global Education Inc, formerly DeVry Education Group Inc (DeVry Group) is a global provider of educational services. DeVry Group’s focuses on empowering its students to achieve their educational and career goals. DeVry Group’s institutions offer a range of programs in healthcare, technology, business, accounting, finance and law.

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