Perdoceo Education Corp expected to post earnings of 40 cents a share - Earnings Preview

Perdoceo Education

03/08/2021 23:35

* Perdoceo Education Corp  PRDO.OQ   PRDO.O  is expected to show
a rise in quarterly revenue when it reports results on August
5. 
* The Schaumburg, Illinois-based company is expected to report 
 a 1.3% increase in revenue to $178.33 million from $176.04
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Perdoceo Education Corp
is for earnings of 40 cents per share. For the same quarter last
year, the company reported earnings of 41 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* 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​, about 47.6% above​ its last closing
price of $12.05. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.43        0.43       0.44      Beat    3.1
 Dec. 31 2020  0.34        0.34       0.39      Beat    13.6
 Sep. 30 2020  0.34        0.35       0.35      Met     1​
 Jun. 30 2020  0.38        0.37       0.41      Beat    9.8
 Mar.          0.38​       0.38       0.42      Beat    10.5​
 31​ 2020​                                              
 Dec. 31 2019  0.28        0.28       0.33      Beat    19.3​
 Sep. 30 2019  0.24        0.25       0.33      Beat    34.7
 Jun. 30 2019              0.29       0.39      Beat    34.5
 This summary was machine generated August 3 at 22:35 GMT.  All
figures in US dollars unless otherwise stated