Adtalem Global Surges to 326th in Daily Rankings with $259 Million Turnover

Generado por agente de IAAinvest Market Brief
viernes, 9 de mayo de 2025, 7:58 pm ET1 min de lectura
ATGE--

On May 9, 2025, Adtalem GlobalATGE-- (ATGE) saw a significant surge in trading volume, with a turnover of $259 million, marking a 160.2% increase from the previous day. This surge placed Adtalem at the 326th position in the daily stock market rankings. The stock price of Adtalem Global (ATGE) rose by 17.58%, marking the third consecutive day of gains, with a cumulative increase of 20.78% over the past three days.

Adtalem Global Education reported impressive financial results for the third quarter of fiscal 2025, with revenue reaching $466.1 million, representing a 12.9% increase compared to the previous year. The company's earnings per share (EPS) for the quarter were $1.92, surpassing the consensus estimate of $1.63 per share. This strong performance was driven by a surge in enrollment, which powered the revenue growth.

Adtalem Global Education has also provided guidance for the full fiscal year, expecting earnings in the range of $6.40 to $6.60 per share, with revenue projected to be between $1.71 billion and $1.78 billion. The company's strong financial performance and positive outlook have contributed to the recent surge in its stock price.

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