DeVry Education Q3 Profit Slightly Decreases - Quick Facts

(RTTNews) - DeVry Education Group (DV) reported that its third-quarter net income to company decreased to $55.5 million, from $56.8 million last year. Earnings per share was $0.86, compared to $0.88. Earnings per share from continuing operations was $0.87, compared to $0.91.

Net income from continuing operations excluding the restructuring expense and gain on sale of assets was $56.1 million or $0.87 per share, for the quarter.

On average, 13 analysts polled by Thomson Reuters expected the company to report profit per share of $0.75 for the quarter. Analysts' estimates typically exclude special items.

Total revenues decreased 1.5 percent to $496.1 million from $503.8 million. Analysts expected revenue of $493.52 million for the quarter.