DeVry Education Group Inc. Bottom Line Retreats 10% In Q2

(RTTNews) - DeVry Education Group Inc. (DV) revealed earnings for second quarter that retreated compared to the same period last year.

The company said its bottom line came in at $43.98 million, or $0.68 per share. This was down from $48.95 million, or $0.75 per share, in last year's second quarter.

Analysts had expected the company to earn $0.67 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 5.9% to $456.20 million. This was down from $484.88 million last year.

DeVry Education Group Inc. earnings at a glance:

-Earnings (Q2): $43.98 Mln. vs. $48.95 Mln. last year. -Earnings Decline (Y-o-Y): -10.2% -EPS (Q2): $0.68 vs. $0.75 last year. -EPS Decline (Y-o-Y): -9.3% -Analysts Estimate: $0.67 -Revenue (Q2): $456.20 Mln vs. $484.88 Mln last year. -Revenue Change (Y-o-Y): -5.9%