Perdoceo Education Corp expected to post earnings of 58 cents a share - Earnings Preview

Perdoceo Education

29/07/2024 23:24

* Perdoceo Education Corp  PRDO.OQ   PRDO.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 31
for the period ending June 30 2024
    * The Schaumburg Illinois-based  company is expected to
report a
13.8% decrease in revenue to $160.911 million from $186.56
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 58 cents per share. The company's EPS guidance on
May 1 2024, for the period ended June 30, was between $0.57 and
$0.59 
    * 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 $27.00​, above​ its last closing price
of $24.79. ​​​

The company's guidance on May 1 2024 for the period ended June
30 was for Earnings before Interest and Taxes between USD48
million and USD50 million.
This summary was machine generated July 29 at 22:24 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)