Adtalem Global Education (ATGE) Q4 Earnings Preview

Adtalem Global Education (NYSE: ATGE) is scheduled to release its Q4 earnings tomorrow after market close. Here's a breakdown of what investors can expect:

Q3 Highlights:

* Revenue beat analyst estimates by 5.3%, reaching $417.4 million
* 13.2% year-over-year revenue growth
* Strong beat on both adjusted operating income and EPS estimates

Q4 Expectations:

* Analysts anticipate an 8.7% year-over-year revenue increase to $427.5 million
* Adjusted earnings per share estimated at $1.37

Analyst Sentiment:

* Analyst estimates have remained consistent over the last 30 days, indicating confidence in the company's performance.
* Adtalem has a history of exceeding revenue expectations, averaging a 3.9% beat over the past two years.

Peer Performance:

* Nike reported a 7.7% YoY decrease in revenue (1.8% above analyst estimates)
* VF Corp posted a 1.9% YoY revenue increase (2.8% above estimates)

Market Sentiment:

* Positive sentiment within the consumer discretionary sector, with share prices up 5.1% on average over the last month.
* Adtalem has gained 6.8% during this period and carries an average analyst target price of $111.33 (current share price: $97).

Key Takeaway:

Adtalem Global Education is expected to continue its strong performance in Q4, driven by steady revenue growth and consistent earnings beats. Investors should monitor the company's results for any updates on its growth strategy and the impact of the generative AI trend on its business.