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

Perdoceo Education (NASDAQ:PRDO) issued its earnings results on Thursday. The company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.05, Zacks reports. The company had revenue of $213.35 million during the quarter, compared to the consensus estimate of $212.50 million. Perdoceo Education had a return on equity of 18.51% and a net margin of 19.91%. 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 Trading Down 1.8%

NASDAQ:PRDO traded down $0.58 during midday trading on Thursday, hitting $32.45. 1,003,241 shares of the stock were exchanged, compared to its average volume of 644,583. The company has a market capitalization of $2.03 billion, a price-to-earnings ratio of 12.43, a P/E/G ratio of 0.71 and a beta of 0.71. Perdoceo Education has a one year low of $26.66 and a one year high of $38.50. The business has a 50-day moving average price of $33.14 and a two-hundred day moving average price of $33.73.

Insider Transactions at Perdoceo Education

In other news, SVP Julia A. Leeman sold 11,315 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $35.51, for a total value of $401,795.65. Following the completion of the sale, the senior vice president owned 21,924 shares in the company, valued at $778,521.24. This represents a 34.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Kenda B. Gonzales sold 9,308 shares of Perdoceo Education stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $34.79, for a total value of $323,825.32. Following the transaction, the director directly owned 48,158 shares in the company, valued at approximately $1,675,416.82. The trade was a 16.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 38,270 shares of company stock valued at $1,336,193. Company insiders own 1.46% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Marex Group plc acquired a new stake in shares of Perdoceo Education during the 4th quarter valued at $257,000. CIBC Bancorp USA Inc. purchased a new stake in shares of Perdoceo Education during the third quarter worth $247,000. Tower Research Capital LLC TRC boosted its position in Perdoceo Education by 201.6% during the second quarter. Tower Research Capital LLC TRC now owns 7,256 shares of the company’s stock valued at $237,000 after purchasing an additional 4,850 shares during the last quarter. Tidal Investments LLC purchased a new position in Perdoceo Education in the second quarter valued at about $275,000. Finally, Lazard Asset Management LLC grew its stake in Perdoceo Education by 9.1% in the second quarter. Lazard Asset Management LLC now owns 7,280 shares of the company’s stock valued at $237,000 after purchasing an additional 605 shares in the last quarter. Institutional investors own 93.46% of the company’s stock.

Analyst Ratings Changes

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