Both DeVry Education and United Rentals had risen more than 30% last year so some profit taking might have been expected. However, DeVry Education (DV), a for-profit education company, reported disappointing new student results for the December quarter even as it beat earnings estimates. Future earnings will be negatively impacted without improvement in new student starts.
From Westport Asset Management (Trades, Portfolio)’s Westport Select Cap Fund Q1 2015 Commentary.
