Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

Bear Stearns Keeps 'Peer Perform' on DeVry

Bear Stearns keeps peer perform on DeVry (DV).

Analyst Jennifer Childe says the 6.2% rise is in line with her estimate, and reflects the second straight rise; but the 4.9% drop in overall enrollment was 260 basis points worse than she expected. Since fall enrollment numbers were released without associated income figures, she says it's difficult to draw definitive conclusions, as rising marketing and administrative costs to attract new students must be incorporated into the income results.

Childe notes enrollment at the Keller unit is up a disappointing 4.8%, perhaps due to a change in the calendar. Also, she says a 17% rise in enrollment at the Ross unit is the highlight of DeVry's report. While she's encouraged by this positive trend, she thinks the improvement is already priced iinto the stock.

blog comments powered by Disqus