Perdoceo Education (NASDAQ:PRDO) Issues Quarterly Earnings Results

Perdoceo Education (NASDAQ:PRDO) announced its quarterly earnings results on Thursday. The company reported $0.80 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.80, Zacks reports. Perdoceo Education had a return on equity of 18.51% and a net margin of 19.91%.The company had revenue of $213.35 million during the quarter, compared to the consensus estimate of $212.50 million. During the same period in the prior year, the company earned $0.67 earnings per share. The company’s revenue for the quarter was up 1.8% compared to the same quarter last year. Perdoceo Education updated its Q3 2026 guidance to 0.730-0.740 EPS and its FY 2026 guidance to 3.100-3.160 EPS.

Here are the key takeaways from Perdoceo Education’s conference call:

• Second-quarter results exceeded expectations, with revenue up 1.8% to $213.4 million, operating income up 6.8% to $54.9 million, and diluted EPS rising to $0.75 from $0.62.
• Management raised or reaffirmed a strong full-year outlook, projecting 2026 adjusted operating income of $258 million–$263 million and adjusted EPS of $3.10–$3.16, representing approximately 20% growth at the midpoint.
• The University of St. Augustine delivered particularly strong performance, with enrollment up 6%, revenue up 10.2%, and adjusted operating income nearly doubling to $10.7 million; management expects continued growth through 2027.
• Overall enrollment increased 0.7%, but CTU expects difficult comparisons and a record number of graduates to pressure reported enrollment growth in the second half, while AIU’s quarterly results will be affected by academic-calendar timing.
• The board increased the quarterly dividend 13.3% to $0.17 per share, and the company continues to have $85 million remaining under its share-repurchase authorization, while also evaluating potential acquisitions.

Perdoceo Education Price Performance

PRDO opened at $32.45 on Friday. The company has a market capitalization of $2.03 billion, a PE ratio of 12.43, a price-to-earnings-growth ratio of 0.71 and a beta of 0.71. The business has a fifty day simple moving average of $33.12 and a 200 day simple moving average of $33.73. Perdoceo Education has a 1 year low of $26.66 and a 1 year high of $38.50.

Trending Headlines about Perdoceo Education

Here are the key news stories impacting Perdoceo Education this week:

• Positive Sentiment: Perdoceo reported second-quarter adjusted earnings of $0.80 per share, up from $0.67 a year earlier, while revenue increased 1.8% year over year to approximately $213.4 million, slightly exceeding the $212.5 million consensus estimate. Perdoceo Education Q2 Earnings Report
• Positive Sentiment: The company raised its quarterly dividend to $0.17 per share, supporting the stock’s income appeal and signaling continued confidence in cash generation. Perdoceo Dividend and Earnings Outlook
• Neutral Sentiment: Full-year 2026 EPS guidance is $3.10-$3.16, broadly in line with the $3.11 analyst consensus. The outlook indicates continued profitability but does not provide a major forecast upgrade. Perdoceo 2026 Earnings Outlook
• Negative Sentiment: Third-quarter EPS guidance of $0.73-$0.74 is centered at the current consensus estimate but begins below the $0.74 forecast, potentially signaling limited near-term earnings momentum. This may be contributing to the stock’s weaker performance despite the quarterly earnings beat versus last year. Perdoceo Education Earnings Results

Insider Buying and Selling at Perdoceo Education

In related news, Director Patrick W. Gross sold 3,647 shares of the stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $34.98, for a total transaction of $127,572.06. Following the sale, the director owned 114,970 shares of the company’s stock, valued at $4,021,650.60. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Kenda B. Gonzales sold 9,308 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $34.79, for a total value of $323,825.32. Following the sale, the director directly owned 48,158 shares in the company, valued at approximately $1,675,416.82. This trade represents a 16.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 38,270 shares of company stock worth $1,336,193. Insiders own 1.46% of the company’s stock.

Institutional Trading of Perdoceo Education

A number of hedge funds have recently added to or reduced their stakes in PRDO. Mcguire Capital Advisors Inc. acquired a new position in Perdoceo Education in the 4th quarter valued at approximately $69,000. Kemnay Advisory Services Inc. bought a new stake in shares of Perdoceo Education in the fourth quarter worth $99,000. Kestra Advisory Services LLC acquired a new stake in Perdoceo Education in the fourth quarter valued at $139,000. Abel Hall LLC bought a new position in Perdoceo Education during the 4th quarter worth $201,000. Finally, Creative Planning acquired a new position in Perdoceo Education during the 3rd quarter worth about $218,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on PRDO. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Perdoceo Education in a research report on Friday, July 17th. Zacks Research cut Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, Barrington Research set a $44.00 price target on Perdoceo Education in a research report on Friday, May 8th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Perdoceo Education presently has a consensus rating of “Moderate Buy” and a consensus target price of $44.00.

Perdoceo Education Company Profile

Perdoceo Education Corporation (NASDAQ: PRDO) is a for-profit postsecondary education provider offering certificate, associate, bachelor’s and master’s degree programs. The company operates primarily through two brand platforms—Colorado Technical University and American InterContinental University—delivering career-focused education both on campus and online. These programs span fields such as business, information technology, healthcare and criminal justice, targeting working adults seeking to advance or pivot their careers.

With headquarters in Schaumburg, Illinois, Perdoceo serves students across the United States and internationally through its online offerings.