Devry Earnings Preview: Can This Streak Continue?

Devry (NYSE:DV) will report earnings after markets close on Tuesday, April 23rd. DeVry, Inc. owns and manages higher education systems throughout North America. The Institutions offers various degrees in a wide range of disciplines, including associate, bachelor’s and master’s degree programs in technology; healthcare technology; business and management, as well as online secondary education to school districts and medical education.

Here is your Cheat Sheet to Devry Earnings:

Earnings Expectations: Analysts expect earnings of $0.83 per share on revenues of $517.07 million. Currently, the company’s P/E ratio stands at 13.57.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.39 to a profit $0.45. For the current year, the average estimate is a profit of $2.65, which is better than the estimate ninety days ago.

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Earnings Trends:

Here’s how Devry has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,092 1,461 1,915 2,182 2,090
Diluted EPS ($) 1.73 2.28 3.87 4.68 2.09

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 524.05 540.81 505.89 482.74 505.24
Diluted EPS ($) 0.13 1.00 0.13 0.49 0.78

Past Performance:
Devry has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]