Perdoceo Education (NASDAQ:PRDO) Issues Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Perdoceo Education (NASDAQ:PRDO) announced its quarterly earnings data on Thursday. The company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.05, Zacks reports. The business had revenue of $213.35 million for the quarter, compared to analyst estimates of $212.50 million. Perdoceo Education had a net margin of 19.91% and a return on equity of 18.51%. 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 Stock Performance

Shares of PRDO traded down $0.58 during midday trading on Thursday, hitting $32.45. 1,003,241 shares of the stock traded hands, compared to its average volume of 644,583. The business’s 50 day moving average price is $33.14 and its two-hundred day moving average price is $33.73. The firm 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. Perdoceo Education has a 1-year low of $26.66 and a 1-year high of $38.50.

Insiders Place Their Bets

In related news, Director Kenda B. Gonzales sold 9,308 shares of the stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $34.79, for a total value of $323,825.32. Following the completion of the transaction, the director owned 48,158 shares in the company, valued at $1,675,416.82. This represents a 16.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Julia A. Leeman sold 11,315 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $35.51, for a total transaction of $401,795.65. Following the completion of the transaction, the senior vice president owned 21,924 shares of the company’s stock, valued at $778,521.24. This trade represents a 34.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 38,270 shares of company stock valued at $1,336,193. Corporate insiders own 1.46% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Mcguire Capital Advisors Inc. bought a new position in shares of Perdoceo Education in the fourth quarter valued at $69,000. Kemnay Advisory Services Inc. purchased a new position in Perdoceo Education during the 4th quarter valued at about $99,000. Kestra Advisory Services LLC purchased a new position in Perdoceo Education during the fourth quarter valued at approximately $139,000. Abel Hall LLC purchased a new position in shares of Perdoceo Education during the 4th quarter valued at $201,000. Finally, Creative Planning acquired a new position in Perdoceo Education in the 3rd quarter worth about $218,000. 93.46% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

PRDO has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a report on Friday, July 17th. Zacks Research lowered shares of Perdoceo Education from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Finally, Barrington Research set a $44.00 price target on shares of Perdoceo Education in a research report on Friday, May 8th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Perdoceo Education has an average rating of “Moderate Buy” and a consensus target price of $44.00.

About Perdoceo Education

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.