Benzinga | Apr 28, 2021 10:44AM EDT

Adtalem Global Education Earnings Preview

Adtalem Global Education (NYSE:ATGE) unveils its next round of earnings this Thursday, April 29. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street expects EPS of $0.69 and sales around $282.82 million. Adtalem Global Education reported a per-share profit of $0.81 when it published results during the same quarter last year. Sales in that period totaled $271.49 million.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The analyst consensus estimate would represent a 14.81% decrease in the company's earnings. Sales would be up 4.17% on a year-over-year basis. Adtalem Global Education's reported EPS has stacked up against analyst estimates in the past like this: Quarter Q2 2021 Q1 2020 Q4 2020 Q3 2020EPS Estimate 0.67 0.40 0.64 0.67EPS Actual 0.77 0.78 0.58 0.81Revenue Estimate 278.47 M 258.92 M 258.51 M 274.08 MRevenue Actual 283.11 M 268.24 M 259.73 M 271.49 M

Stock Performance

Over the last 52-week period, shares are up 17.41%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. Adtalem Global Education is scheduled to hold the call at 17:00:00 ET and can be accessed here.