CHICAGO (AP) — CHICAGO (AP) — Adtalem Global Education Inc. (ATGE) on Thursday reported fiscal third-quarter profit of $36.8 million.
The Chicago-based company said it had profit of 93 cents per share. Earnings, adjusted for one-time gains and costs, were $1.50 per share.
The for-profit education company posted revenue of $412.7 million in the period.
Adtalem expects full-year earnings in the range of $4.80 to $5 per share, with revenue in the range of $1.56 billion to $1.58 billion.
Adtalem shares have declined 11% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $52.40, an increase of 37% in the last 12 months.
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