NYSE:ATGEConsumer Services
Will Adtalem’s (ATGE) Pattern of Topping Revenue Forecasts Reshape Its Investment Narrative?
Adtalem Global Education recently reported quarterly results after the market close, following a period of analyst expectations for continued year-over-year revenue growth and adjusted earnings of US$2.19 per share.
An interesting aspect is Adtalem’s consistent pattern of beating Wall Street’s revenue forecasts over the past two years, averaging a 4.3% outperformance per quarter.
Next, we’ll examine how Adtalem’s history of outperforming revenue estimates shapes its investment narrative for...