Setting The Record Straight: DeVry

After the bell DeVry posted stronger than expected results due to enrollment growth but shares slipped in extended trade. What must you know?

Looking at the numbers, for the third quarter ended March 31, 2010, the company posted earnings of $81.2 million, or $1.12 a share, compared with earnings of $50.9 million, or 70 cents a share, a year earlier.

Analysts on average were expecting earnings of $1.05 a share, on revenue of $493.3 million, according to Thomson Reuters I/B/E/S.

What else must you know about DeVry before you place your bets. Get the latest from CEO Daniel Hamburger. Watch the video now!

______________________________________________________
Got something to to say? Send us an e-mail at [e-mail] and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send those e-mails to [e-mail].

Trader disclosure: On Apr 22, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (INTC), (GS), (C), (AGU), (MSFT), (NUE), (BTU); Finerman's Firm Is Short (IWM), (MDY), (IJR); Finerman's Firm Is Long S&P Puts; Finerman Owns (AAPL); Finerman's Firm Owns (BAC), (BAC) Calls; Finerman Owns (BAC) Preferred; Finerman Owns (GOOG); Finerman's Firm And Finerman Own (JPM); Finerman's Firm Owns (MSFT); Finerman's Firm Owns (PLCM); Finerman's Firm And Finerman Own (WFC) Preferred; Finerman’s Firm Owns (TJX); Finerman's Firm Owns (KFT), (WMT), (IBM); Terranova Owns (AXP), (TER), (SWN), (XCO), (HES); Terranova Owns (C) May Calls; Terranova Is Short Gold; Terranova Is Short (BRE); Karabell Owns (ADSK); Grasso Owns (DYN), (LPX), (ASTM), (ABK), (BAC), (BGP), (C), (CVGI), (JPM), (NEM), (PRST), (PFE), (BA), (T), (CSCO); Jon Najarian Owns (SYNA); Jon Najarian Owns (BAC) Preferred; Jon Najarian Owns (C) Preferred; Jon Najarian Owns (CME); Jon Najarian Owns A Seat On CME; Jon Najarian Owns (GS), Is Short (GS) Call; Jon Najarian Owns (JPM) Preferred; Jon Najarian Owns (LPX) Call Spreads; Jon Najarian Owns (MS), Is Short (MS) Calls; Jon Najarian Owns (MSFT) Puts; Jon Najarian Owns (QCOM) Puts; Kaminsky Owns (EXPD); Iuorio Owns (C), (GOOG), (GLD), (FXC); Iuorio Is Long Volatility In S&P Futures

For Joe Terranova
Terranova Works For (VRTS)
Terranova Is Chief Market Strategist Of Virtus Investment Partners, Ltd.
Virtus Investment Partners Owns More Than 1% Of (XLU)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLV)
Virtus Investment Partners Owns More Than 1% Of (XLI)

For Steve Grasso
Stuart Frankel And Its Partners Own (CUBA)
Stuart Frankel And Its Partners Own (GERN)
Stuart Frankel And Its Partners Own (HSPO)
Stuart Frankel And Its Partners Own (MERC)
Stuart Frankel And Its Partners Own (NWS.A)
Stuart Frankel And Its Partners Own (NXST)
Stuart Frankel And Its Partners Own (NYX)
Stuart Frankel And Its Partners Own (PDE)
Stuart Frankel And Its Partners Own (PFE)
Stuart Frankel And Its Partners Own (PRST)
Stuart Frankel And Its Partners Own (RDC)
Stuart Frankel And Its Partners Own (TLM)
Stuart Frankel And Its Partners Own (XRX)
Stuart Frankel And Its Partners Own (SDS)
Stuart Frankel And Its Partners Are Short (QQQQ)
Stuart Frankel And Its Partners Are Short (CL)
Stuart Frankel And Its Partners Are Short (AAPL)

Dennis Gartman
Funds Managed By Dennis Gartman Are Short Crude Oil
Funds Managed By Dennis Gartman Are Short Euro, Sterling, Yen
Funds Managed By Dennis Gartman Are Long Gold

For Hilary Kramer
Kramer Is A Client Of Goldman Sachs


CNBC.com with wires