Perdoceo Education Q1 revenue rises 4.1%, profit up

Perdoceo Education

07/05/2026 21:44

Overview

US postsecondary educator's Q1 revenue rose 4.1% yr/yr; adjusted EPS up 28.6%

Company declared quarterly dividend of $0.15 per share

Total student enrollments grew 1.1%, with gains at CTU and USAHS offsetting AIUS decline

Outlook

Perdoceo sees Q2 operating income of $53.6 mln to $54.6 mln

Company expects Q2 adjusted EPS of $0.79 to $0.80

Perdoceo forecasts 2026 adjusted operating income of $254 mln to $263 mln

Result Drivers

STUDENT INTEREST & RETENTION - Co said strong prospective student interest and near multi-year highs in student retention and engagement supported Q1 results

ENROLLMENT GROWTH AT CTU & USAHS - Enrollment growth at CTU and USAHS contributed to overall student enrollment gains, partially offsetting decline at AIUS

USAHS REVENUE GROWTH - Revenue at USAHS rose 9.8% yr/yr, outpacing other institutions

Company press release: ID:nBw8SHM8Ja

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$221.70 mln
$218.43 mln (1 Analyst)
Q1 Adjusted EPS
$0.90
$0.84 (1 Analyst)
Q1 EPS
$0.85
Q1 Net Income
$53.95 mln
Q1 Adjusted Operating Income
$72.50 mln
$69.02 mln (1 Analyst)
Q1 Capex
$1.74 mln


Analyst Coverage

The one available analyst rating on the shares is "strong buy"

The average consensus recommendation for the miscellaneous educational service providers peer group is "buy."

Wall Street's median 12-month price target for Perdoceo Education Corp is $42.00, about 23.1% above its May 6 closing price of $34.11

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 12 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)