Perdoceo Education Corp expected to post earnings of 53 cents a share - Earnings Preview

Perdoceo Education

29/04/2024 22:21

* Perdoceo Education Corp  PRDO.OQ   PRDO.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 1 for
the period ending March 31 2024
    * The Schaumburg Illinois-based  company is expected to
report a
16.5% decrease in revenue to $163.324 million from $195.6
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 53 cents per share. The company's EPS guidance on
February 21 2024, for the period ended March 31, was between
$0.53 and $0.55 
    * 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 $18.86. ​​​

The company's guidance on February 21 2024 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD43 million and USD45 million.
This summary was machine generated April 29 at 21:20 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)