DeVry Education Group Issues Guidance - Quick Facts

(RTTNews) - DeVry Education Group (DV) announced, for the full year, revenue is expected to be flat compared to the prior year and earnings before special items to grow in the mid-single digits as compared to the prior year. Second-quarter revenue is expected to be flat to up 1 percent versus prior year.

Lisa Wardell, CEO of DeVry Education Group, said: "We are benefiting from the actions we've taken to reduce costs, while further diversifying our revenue profile across a number of attractive and growing sectors spanning healthcare, international and professional education. These sectors now account for over 90 percent of our operating income."

First-quarter earnings per share excluding special items was $0.45, compared to $0.38 last year. Total revenue increased 1.9 percent to $450 million.