Adtalem Global Education Inc. ATGE reported solid results for first-quarter fiscal 2021, wherein earnings and revenues surpassed the Zacks Consensus Estimate, as well as improved year over year. Shares of the company gained 3.4% in the after-hours trading session on Nov 5, post the earnings release.For the quarter under review, adjusted earnings came in at 78 cents per share, which handily beat the consensus mark of 36 cents by 116.7%. The metric also increased 129% year over year.Revenues & Operating DiscussionRevenues of $268.2 million beat the consensus mark by 4.7% and increased 5.4% year over year owing to enrollment growth at Chamberlain, as well as solid revenue improvement in Financial Services. For the fiscal first quarter, enrollment of new and total students grew 12.2% and 10.8% year over year, respectively.Adjusted operating income from continuing operations of $54.4 million increased 97.7% year over year, given increased revenues across the organization, cost efficiencies and lower variable expenses.Adtalem Global Education Inc. Price, Consensus and EPS Surprise Adtalem Global Education Inc. price-consensus-eps-surprise-chart | Adtalem Global Education Inc. QuoteSegment DetailsMedical and Healthcare: Revenues in the segment grew 5.5% from the year-ago figure to $218.8 million.In Chamberlain, revenues grew 14.8% year over year. New and total student enrollment for the September session increased 13.2% and 11.9% year over year, respectively.Medical and Veterinary schools’ revenues decreased 6.5% year over year, mostly due to COVID-19-led reduced clinical weeks at the medical schools and the loss of housing revenues. Enrollment of new students grew 5.5%, while that of total students was up 4.3% year over year. Adjusted operating income in the segment was $53 million, up 85.2% from the prior-year level on strong enrollment trends at Chamberlain, lower campus-related variable costs and efficiency measures.Financial Services: Revenues in the segment totaled $49.4 million, up 4.9% year over year, given higher revenues at OnCourse Learning. Revenues at Becker increased year over year due to growth in both CPA and continuing education program offerings. However, ACAMS revenues decreased from the prior-year quarter due to lower revenues from virtual conferences than in-person conferences. Adjusted operating income increased 111.5% from the prior-year quarter to $8.7 million.Liquidity & Cash FlowAs of Sep 30, 2020, Adtalem had cash and cash equivalents of $561.2 million compared with $500.5 million at fiscal 2020-end. For the fiscal first quarter, cash provided by operating activities totaled $79.9 million compared with $47.5 million in the year-ago period.GuidanceFor fiscal 2021, Adtalem expects revenue growth of 5-7% and earnings per share from continuing operations (excluding special items) within 25-30%.Zacks Rank & Peer ReleasesAdtalem — which shares space with Strategic Education, Inc. or SEI STRA, American Public Education, Inc. APEI and K12, Inc. LRN in the Zacks Schools industry — currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.5 Stocks Set to DoubleEach was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Strategic Education Inc. (STRA): Free Stock Analysis Report American Public Education, Inc. (APEI): Free Stock Analysis Report K12 Inc (LRN): Free Stock Analysis Report Adtalem Global Education Inc. (ATGE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research