Adtalem Global Education (NYSE:ATGE) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$412.7m (up 12% from 3Q 2023).

• Net income: US$37.4m (down 23% from 3Q 2023).

• Profit margin: 9.1% (down from 13% in 3Q 2023).

• EPS: US$0.97 (down from US$1.08 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Adtalem Global Education Earnings Insights

Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Services industry in the US.

Performance of the American Consumer Services industry.

The company's shares are up 21% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Adtalem Global Education has 1 warning sign we think you should be aware of.

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