Revenue Update on DeVry Education Group Inc(NYSE:DV)

DeVry Education Group Inc(NYSE:DV) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-hours on Aug 18, 2016. Company reported revenue of $471.70M. Analysts estimated a revenue of $461.90M. Earnings per share were $0.65. Analysts had estimated an EPS of $0.60.

In a different note, On Jun 2, 2016, Credit Suisse said it Downgrades its rating on DeVry Education Group Inc. In the research note, the firm Lowers the price-target to $25.00 per share. The shares have been rated ‘Neutral’ by the firm.

DeVry Education Group Inc (DV) shares turned negative on Mondays trading session with the shares closing down -0.01 points or -0.04% at a volume of 7,81,916. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $23.5. The peak price level was also seen at $23.5 while the days lowest was $23.27. Finally the shares closed at $23.47. The 52-week high of the shares is $29.88 while the 52-week low is $15.36. According to the latest information available, the market cap of the company is $1,463 M.

Several Insider Transactions has been reported to the SEC. On Jul 27, 2016, Gregory S Davis (SVP and General Counsel) sold 1,365 shares at $21.00 per share price.Also, On Feb 25, 2016, Timothy J Wiggins (SVP & Chief Financial Officer) sold 790 shares at $17.94 per share price.On Nov 6, 2015, David S Brown (director) sold 8,589 shares at $24.77 per share price, according to the Form-4 filing with the securities and exchange commission.

DeVry Education Group Inc. (DeVry Group) is a provider of educational services. DeVry Group’s institutions offer an array of programs in business healthcare and technology and serve students in postsecondary education as well as accounting and finance professionals. DeVry Group operates through three segments: Business Technology and Management Medical and Healthcare and International and Professional Education. The Company’s Business Technology and Management segment comprises the operation of DeVry University; the Company’s Medical and Healthcare segment includes the operations of DeVry Medical International which operates three institutions: American University of the Caribbean School of Medicine (AUC) Ross University School of Medicine (RUSM) and Ross University School of Veterinary Medicine and the Company’s International and Professional Education segment includes the operations of DeVry Brasil and Becker.

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