NEW YORK (TheStreet) -- DeVry Education (DV) stock is gaining 5.95% to $28.66 on heavy trading volume on Wednesday morning, despite the company reporting lower than expected earnings results for the fourth quarter and full year of fiscal 2015.

The company reported earnings of 57 cents per share on revenue of $473.19 million for the quarter ended June 30.

Analysts surveyed by Thomson Reuters had estimated for earnings of 61 cents per share on $478.55 million in revenue for the quarter.

DeVry Education posted earnings of $2.49 per share on $1.91 billion in revenue for the fiscal year ended June 30.

Analysts were expecting DeVry to report earnings of $2.54 per share on revenue of $1.92 billion for fiscal 2015.

The company's medical and healthcare, and international and professional education segments saw an increase in revenue, but was not enough to offset a double-digit decrease in its business, technology and management segment.

"Driven by our diversification into healthcare and international institutions, DeVry Group continued to grow total postsecondary enrollments in fiscal 2015, while making progress in repositioning DeVry University," CEO Daniel Hamburg said in a statement.

Separately, TheStreet Ratings team rates DEVRY EDUCATION GROUP INC as a Hold with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation:

"We rate DEVRY EDUCATION GROUP INC (DV) a HOLD. The primary factors that have impacted our rating are mixed – some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow."

You can view the full analysis from the report here: DV Ratings Report

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