Covista Q4 revenue beats analyst estimates on record enrollment levels
CVSA•Fiscal 2027 outlook
- Covista sees fiscal 2027 revenue between $2.05 bln and $2.09 bln, up 5%-7% YoY
- Company expects fiscal 2027 adjusted EPS of $8.90-$9.15, up 8%-11% YoY
- Covista says it enters fiscal 2027 with momentum and is tracking ahead of long-term targets
Quarterly results beat estimates
- US healthcare educator's Q4 revenue rose 9.7%, beating analyst expectations
- Adjusted EPS for Q4 beat consensus, rising 25.9% year-over-year
- Company repurchased $238 mln of shares in fiscal year 2026
Enrollment growth drove revenue gains
- Walden enrollment growth - Walden University enrollment rose 14% year-over-year, driving a 15.7% increase in Q4 revenue and contributing to record enrollment levels
- Chamberlain nursing demand - Chamberlain University enrollment grew 1.6% in Q4, supported by pre-licensure nursing and new employer collaborations
- Medical and veterinary growth - Medical and Veterinary segment enrollment increased 7.3% year-over-year, supporting an 10.7% rise in Q4 revenue
