Devry Earnings Preview: Can This Streak Continue?
Devry (NYSE:DV) will report earnings after markets close on Tuesday, April 23rd. DeVry, Inc. owns and manages higher education systems throughout North America. The Institutions offers various degrees in a wide range of disciplines, including associate, bachelor’s and master’s degree programs in technology; healthcare technology; business and management, as well as online secondary education to school districts and medical education.
Here is your Cheat Sheet to Devry Earnings:
Earnings Expectations: Analysts expect earnings of $0.83 per share on revenues of $517.07 million. Currently, the company’s P/E ratio stands at 13.57.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.39 to a profit $0.45. For the current year, the average estimate is a profit of $2.65, which is better than the estimate ninety days ago.
Here’s how Devry has been performing on an annual basis:
|Revenue ($) in millions||1,092||1,461||1,915||2,182||2,090|
|Diluted EPS ($)||1.73||2.28||3.87||4.68||2.09|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||524.05||540.81||505.89||482.74||505.24|
|Diluted EPS ($)||0.13||1.00||0.13||0.49||0.78|
Devry has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)