Perdoceo Education Corp expected to post earnings of 23 cents a share - Earnings Preview

Perdoceo Education

19/02/2024 21:33

* Perdoceo Education Corp  PRDO.OQ   PRDO.O  is expected
to show a
fall in quarterly revenue when it reports  results on February
21 for the period ending December 31 2023
    * The Schaumburg Illinois-based  company is expected to
report a
17.0% decrease in revenue to $146.2 million from $176.15 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Perdoceo Education Corp
is for
earnings of 23 cents per share. The company's EPS guidance on
November 2 2023, for the period ended December 31, was between
$0.21 and $0.24 
    * The one available analyst rating on the shares is "strong
buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Perdoceo
Education Corp is $23.00​, above​ its last closing price
of $17.52. ​​​

The company's guidance on November 2 2023 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD15.5 million and USD18.5 million.
This summary was machine generated February 19 at 21:33 GMT. 
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)