Perdoceo Education's Q3 revenue rises 24.8%, beats estimates

Perdoceo Education

04/11/2025 21:31

Overview

Perdoceo Q3 revenue grows 24.8% yr/yr, beating analysts' expectations

Adjusted EPS for Q3 beats consensus, reflecting positive operational performance

Company repurchased shares and paid dividends worth $30.3 mln

Outlook

Perdoceo expects Q4 operating income between $38.1 mln and $40.1 mln

Company forecasts full-year operating income of $192.2 mln to $194.2 mln

Perdoceo sees Q4 EPS between $0.48 and $0.50

Result Drivers

STUDENT ENROLLMENT - Co reports 15.1% increase in total student enrollments, boosting revenue

INVESTMENTS IN ACADEMICS - Co cites investments in academics and technology as enhancing student outcomes

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$211.90 mln
$207 mln (1 Analyst)
Q3 Adjusted EPS
Beat
$0.65
$0.61 (1 Analyst)
Q3 EPS
$0.60
Q3 Net Income
$39.85 mln
Q3 Adjusted Operating Income
Beat
$61 mln
$57.86 mln (1 Analyst)
Q3 Capex
$1.85 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 $42.00, about 26.5% above its November 3 closing price of $30.89

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBw4dX4xta

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(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.)