By: Stocks To Watch
July 23, 2012 at 16:18 PM EDT
DeVry Plummets on Profit Warning
DeVry (DV) shares fell 20% after the market closed as the for-profit educator warned investors that fourth quarter earnings will be hit by higher costs and lower enrollment. the company said it now sees enrollment falling 15% to 17% in the quarter, and expects EPS to come in at 43 cents to 46 cents, versus [...]
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