Perdoceo Education Q2 revenue rises on breadth of academic program offerings

Perdoceo Education

06/08/2026 21:15

Overview
US postsecondary education provider's Q2 revenue rose 1.8% yr/yr, adjusted EPS up 19.4%
Company increased quarterly dividend by 13.3% to $0.17 per share
Total student enrollments grew 0.7%, driven by USAHS program growth

Outlook
Perdoceo sees Q3 operating income of $54.5 mln to $55.5 mln
Company expects Q3 adjusted EPS of $0.73 to $0.74
Perdoceo forecasts full-year adjusted EPS of $3.10 to $3.16

Result Drivers
PROGRAM PORTFOLIO - Co said breadth of academic program offerings supported sustainable growth in Q2
USAHS ENROLLMENT GROWTH - Growth in student enrollments at University of St. Augustine for Health Sciences contributed to overall enrollment increase
AIUS REVENUE DECLINE - Revenue at AIUS fell due to lower enrollments at Trident University and reduced non-Title IV and professional development programs

Company press release: ID:nBw9bnFbpa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Beat*
$213.40 mln
$212.50 mln (1 Analyst)
Q2 Adjusted EPS
Beat
$0.80
$0.54 (2 Analysts)
Q2 EPS
 
$0.75
 
Q2 Net Income
 
$47.97 mln
 
Q2 Adjusted Operating Income
Beat
$64.22 mln
$63.54 mln (1 Analyst)
Q2 Capex
 
$1.55 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "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 "buy."
Wall Street's median 12-month price target for Perdoceo Education Corporation is $44.00, about 33.2% above its August 5 closing price of $33.03
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 11 three months ago

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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.)