DeVry Education Group Inc (DV) reported quarterly earnings results on Thursday, May-5-2016. The company said it had a profit of $0.71 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.09. Analysts had a consensus of $0.62. The company posted revenue of $474.20 million in the period, compared to analysts expectations of $466.44 million. The company’s revenue was down -3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.72 EPS.
Many Wall Street Analysts have commented on DeVry Education Group Inc. DeVry Education Group Inc was Downgraded by BofA/Merrill to ” Underperform” on Apr 20, 2016.
DeVry Education Group Inc closed down -0.12 points or -0.72% at $16.46 with 13,64,425 shares getting traded on Wednesday. Post opening the session at $16.56, the shares hit an intraday low of $16.23 and an intraday high of $16.69 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
In a different news, on Feb 26, 2016, Gregory S Davis (Senior Vice President, General) sold 753 shares at $18.10 per share price. According to the SEC, on Feb 25, 2016, Timothy J Wiggins (SVP & Chief Financial Officer) sold 790 shares at $17.94 per share price. On Nov 6, 2015, David S Brown (director) sold 8,589 shares at $24.77 per share price, according to the Form-4 filing with the securities and exchange commission.
DeVry Education Group Inc. (DeVry Group) is a provider of educational services. DeVry Groups institutions offer an array of programs in business healthcare and technology and serve students in postsecondary education as well as accounting and finance professionals. DeVry Group operates through three segments: Business Technology and Management Medical and Healthcare and International and Professional Education. The Companys Business Technology and Management segment comprises the operation of DeVry University; the Companys Medical and Healthcare segment includes the operations of DeVry Medical International which operates three institutions: American University of the Caribbean School of Medicine (AUC) Ross University School of Medicine (RUSM) and Ross University School of Veterinary Medicine and the Companys International and Professional Education segment includes the operations of DeVry Brasil and Becker.