DeVry Q2 Profit Declines - Quick Facts

(RTTNews) - DeVry (DV) reported that its second-quarter net income attributable to the company was $48.2 million or $0.74 per share, compared to $50.3 million or $0.78 per share, last year.

Adjusted earnings from continuing operations was $52.0 million or $0.80 per share, down from $57.1 million, or $0.88 per share in the comparable quarter last year.

On average, 14 analysts polled by Thomson Reuters expected the company to report profit per share of $0.73 for the quarter. Analysts' estimates typically exclude special items.

Revenue decreased to $491.27 million, from $500.67 million, last year. Analysts expected revenue of $478.75 million for the quarter.