Stock Track | DeVry Education Soars 7.59% in Pre-Market on Strong Earnings, Raised Guidance and $750M Buyback
Stock Track
Jan 29
DeVry Education's stock surged 7.59% in pre-market trading on Thursday, following robust fiscal second-quarter results and positive corporate announcements from its parent company, Adtalem Global Education.
The company reported quarterly revenue and adjusted earnings per share that exceeded analyst expectations, with revenue growing 12.4% year-over-year. Additionally, Adtalem raised its full-year adjusted EPS guidance and authorized a new $750 million share repurchase program through December 2028. Continued enrollment growth and strong performance at its Walden University segment further bolstered investor confidence.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.