Perdoceo Education Corp reports results for the quarter ended December 31 - Earnings Summary

Perdoceo Education

18/02/2025 22:43

* Perdoceo Education Corp  PRDO.OQ  reported quarterly
adjusted
earnings of 50 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 27 cents.  The lone analyst forecast for the
quarter was for earnings of 48 cents per share. 
    * Revenue fell 99.2% to $1.20 million from a year ago;
analysts
expected $160.12 million. 
    * Perdoceo Education Corp's reported EPS for the quarter was
47
cents​.
    * The company reported quarterly net income of $31.46
million.
    * Perdoceo Education Corp shares had risen by 7.5% this
quarter.

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 $32.00 
This summary was machine generated from LSEG data February 18 at
10:42 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
 Dec. 31 2024      0.48           0.50           Beat
 Sep. 30 2024      0.53           0.59           Beat
 Jun. 30 2024      0.58           0.60           Beat
 Mar. 31 2024      0.53           0.60           Beat