Perdoceo beats Q2 revenue expectations, raises dividend

Perdoceo Education

31/07/2025 21:12

Overview

Perdoceo Q2 revenue rises 25.7% yr/yr, beating analysts' expectations

Adjusted EPS for Q2 beats consensus, reaching $0.67

Co announces 15.4% dividend increase and $75 mln share buyback

Outlook

Perdoceo expects Q3 operating income between $46.8M and $48.8M

Company projects full-year operating income of $187.8M to $193.8M

Perdoceo forecasts Q3 adjusted EPS of $0.60 to $0.62

Company anticipates full-year adjusted EPS of $2.48 to $2.55

Result Drivers

STUDENT ENROLLMENT - Total student enrollments rose 17.4%, driven by increases at CTU and AIUS, and the acquisition of St. Augustine

REVENUE GROWTH - Revenue increased 25.7% to $209.6 mln, attributed to higher enrollments and acquisition impact

RETENTION AND ENGAGEMENT - Student retention and engagement at multi-year highs, supporting financial performance, per CEO Todd Nelson

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$209.60 mln
$206.90 mln (1 Analyst)
Q2 Adjusted EPS
Beat
$0.67
$0.65 (1 Analyst)
Q2 EPS
$0.62
Q2 Net Income
$41 mln
Q2 Adjusted Operating Income
$61.50 mln
Q2 Capex
$2.75 mln


Analyst Coverage

The one available analyst rating on the shares is "strong buy"

The average consensus recommendation for the miscellaneous educational service providers peer group is "buy."

Wall Street's median 12-month price target for Perdoceo Education Corp is $40.00, about 28.4% above its July 30 closing price of $28.65

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw9YCmdQa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)