Adtalem (ATGE) Stock Plummets 27% After Earnings – Latest News, Key Facts & Expert Outlook
Adtalem Global Education posted Q1 adjusted EPS of $1.75, up 35.7% year-over-year, on $462.3 million revenue, beating estimates. Shares plunged 27% to $102 after the report, despite reaffirmed guidance and strong results. Insider selling, including a director’s 25,500-share sale, weighed on sentiment. Market cap now stands near $3.7 billion; analysts remain mostly bullish with a $146 average target.