DeVry, Inc. Quarterly Earnings on Deck

S&P 500 (NYSE:SPY) component DeVry, Inc. (NYSE:DV) will unveil its latest earnings on Tuesday, October 25, 2011. Through its wholly-owned subsidiaries, DeVry owns and operates DeVry University, Chamberlain College of Nursing, U.S. Education, Ross University, Becker Professional Education, and Advanced Academics.

DeVry, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 96 cents per share, a decline of 6.8% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.06. Between one and three months ago, the average estimate moved down. It has been unchanged at 96 cents during the last month. Analysts are projecting profit to rise by 5.3% versus last year to $4.43.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 5 cents, reporting profit of $1.08 per share against a mean estimate of net income of $1.03 per share.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 1.4% in revenue from the year-earlier quarter to $529 million.

Analyst Ratings: Analysts are bullish on this stock with 11 analysts rating it as a buy, none rating it as a sell and five rating it as a hold.

A Look Back: In the fourth quarter of the last fiscal year, profit rose 5.1% to $75.2 million ($1.08 a share) from $71.6 million (99 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 7.9% to $546.8 million from $506.7 million.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose 14.5% in the third quarter of the last fiscal year and 22.4% in the second quarter of the last fiscal year.

Revenue has risen the past four quarters. Revenue rose 11.6% in the third quarter of the last fiscal year from the year earlier, climbed 16.6% in the second quarter of the last fiscal year from the year-ago quarter and 21% in the first quarter of the last fiscal year.

Competitors to Watch: Apollo Group, Inc. (NASDAQ:APOL), Career Education Corp. (NASDAQ:CECO), American Public Education, Inc. (NASDAQ:APEI), National American Univ. Hldgs., Inc. (NASDAQ:NAUH), Corinthian Colleges, Inc. (NASDAQ:COCO), Grand Canyon Education Inc (NASDAQ:LOPE), Bridgepoint Education, Inc. (NYSE:BPI), Education Management Corp (NASDAQ:EDMC), Strayer Education, Inc. (NASDAQ:STRA), and The Washington Post Co. (NYSE:WPO).

Stock Price Performance: During July 26, 2011 to October 19, 2011, the stock price had fallen $21.27 (-32.5%) from $65.45 to $44.18. The stock price saw one of its best stretches over the last year between March 16, 2011 and March 28, 2011 when shares rose for nine-straight days, rising 9.1% (+$4.59) over that span. It saw one of its worst periods between July 29, 2011 and August 8, 2011 when shares fell for seven-straight days, falling 15.3% (-$9.50) over that span. Shares are down $3.70 (-7.7%) year to date.

(Source: Xignite Financials)

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