Sector Spotlight – Second Quarter For-Profit Education Updates
Updated as of 8:45 AM CST on 7/20/2020
Guidance – qualitative, quantitative, time frame, etc.
- Grand Canyon Education: provided an update on returning to campus, which will delay revenue by 3 weeks in 2H2020 but it is expecting that 2H2020 results will be close to analysts’ consensus
Capital allocation – debt amendments, dividend suspension, etc.
- Adtalem Global Education: CEO discusses workplace diversity on CNBC
- Adtalem Global Education: donated $300,000 to relief efforts