Perdoceo Education Corp reports results for the quarter ended in March - Earnings Summary

Perdoceo Education

05/05/2023 24:20

* Perdoceo Education Corp  PRDO.OQ  reported quarterly
adjusted
earnings of 58 cents​​ per share for the quarter ended in March.
The lone analyst forecast for the quarter was for earnings of 56
cents per share.
    * Revenue rose 6.9% to $195.60 million from a year ago;
analysts
expected $189.36 million. 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Perdoceo Education Corp shares had fallen by 7.4% this
quarter and lost 10.5% so far this year.
    * The company reported quarterly net income of $34.48
million.
    * Wall Street's median 12-month price target for Perdoceo
Education Corp is $19.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
4 at 11:19 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.56           0.58           Beat
 Dec. 31 2022      0.28           0.31           Beat
 Sep. 30 2022      0.29           0.39           Beat
 Jun. 30 2022      0.37           0.42           Beat