CHICAGO (AP) — CHICAGO (AP) — Adtalem Global Education Inc. (ATGE) on Tuesday reported fiscal third-quarter profit of $45.9 million.
On a per-share basis, the Chicago-based company said it had profit of $1. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were $1.13 per share.
The for-profit education company posted revenue of $369.1 million in the period.
Adtalem expects full-year earnings in the range of $4.05 to $4.20 per share, with revenue in the range of $1.4 billion to $1.45 billion.
Adtalem shares have risen 8% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $38.34, a rise of 29% in the last 12 months.
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