Adtalem Global Education reports Q3 EPS $1.00, consensus 91c

Reports Q3 revenue $369.1M, consensus $354.47M. Total student enrollment was 79,586, down 3.1% year-over-year, a quarterly sequential improvement of 100 basis points. "Our third quarter results showcase our unwavering commitment to provide access to high-quality, post-secondary and graduate level programs to nearly 80,000 diverse students and working adults. We continue to make steady progress in strengthening our operational excellence, supporting our portfolio of programs and solutions in ways that benefit all our stakeholders, especially our students. One testament to these benefits are the first time residency attainment rates for American University of the Caribbean School of Medicine and Ross University School of Medicine students attaining 2023/24 residency positions which, at 97%, are among the highest-ever for these institutions," said Steve Beard, president and CEO of Adtalem Global Education.