Perdoceo Education Corp reports results for the quarter - Earnings Summary

Perdoceo Education

12/11/2024 23:29

* Perdoceo Education Corp  PRDO.OQ  reported quarterly
adjusted
earnings of 59 cents​​ per share for the quarter , lower than
the same quarter last year, when the company reported EPS of 64
cents.  The lone analyst forecast for the quarter was
for earnings of 53 cents per share. 
    * Revenue fell 5.6% to $169.83 million from a year ago;
analysts
expected $164.63 million. 
    * Perdoceo Education Corp's reported EPS for the quarter was
57
cents​.
    * The company reported quarterly net income of $38.26
million.
    * Perdoceo Education Corp shares had risen by 14.3% this
quarter and gained 44.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the miscellaneous
educational service providers peer group is also "strong buy"

Wall Street's median 12-month price target for Perdoceo
Education Corp is $30.00 
This summary was machine generated from LSEG data November 12 at
11:29 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.53           0.59           Beat
 Jun. 30 2024      0.58           0.60           Beat
 Mar. 31 2024      0.53           0.60           Beat
 Dec. 31 2023      0.23           0.27           Beat