Perdoceo Education Corp PRDO.OQ reported quarterly adjusted earnings of 60 cents per share for the quarter ended in June, lower than the same quarter last year, when the company reported EPS of 61 cents. The lone analyst forecast for the quarter was for earnings of 58 cents per share.
Revenue fell 10.6% to $166.74 million from a year ago; analysts expected $160.91 million.
Perdoceo Education Corp's reported EPS for the quarter was 57 cents.
The company reported quarterly income of $40.25 million.
Perdoceo Education Corp shares had risen by 17.9% this quarter and gained 43.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 1 "strong buy" or "buy," "hold" and "sell" or "strong sell."
The average consensus recommendation for the miscellaneous educational service providers peer group is also "strong buy"
Wall Street's median 12-month price target for Perdoceo Education Corp is $27.00
This summary was machine generated from LSEG data August 1 at 01:14 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Jun. 30 2024 |
0.58 |
0.60 |
Beat |
Mar. 31 2024 |
0.53 |
0.60 |
Beat |
Dec. 31 2023 |
0.23 |
0.27 |
Beat |
Sep. 30 2023 |
0.49 |
0.64 |
Beat |