WASHINGTON (dpa-AFX) - DeVry Education Group Inc. (DV) released earnings for first quarter that fell compared to the same period last year.
The company said its bottom line fell to $24.48 million, or $0.38 per share. This was lower than $30.89 million, or $0.47 per share, in last year's first quarter.
Analysts had expected the company to earn $0.36 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 4.5% to $441.41 million. This was down from $462.04 million last year.
DeVry Education Group Inc. earnings at a glance:
-Earnings (Q1): $24.48 Mln. vs. $30.89 Mln. last year. -Earnings Decline (Y-o-Y): -20.8% -EPS (Q1): $0.38 vs. $0.47 last year. -EPS Decline (Y-o-Y): -19.1% -Analysts Estimate: $0.36 -Revenue (Q1): $441.41 Mln vs. $462.04 Mln last year. -Revenue Change (Y-o-Y): -4.5%
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