Perdoceo Education Corporation (PRDO)
NASDAQ:PRDO
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.75Last Year’s EPS
0.62Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong profitability, margin expansion, revenue growth and improving enrollment and retention metrics across the company, supported by a solid cash balance and a constructive 2026 outlook. Near-term headwinds include a modest enrollment decline at AIU System, continued reinvestment in marketing and student support that pressures near-term expenses, tax rate/headwind considerations, and CTU comparability as the company laps strong prior quarters and anticipates record graduations. On balance, positive operational and financial momentum, a confident outlook with quantified guidance increases, and a strong balance sheet outweigh the identified challenges.Company Guidance
Strong Profitability and EPS Growth
Net income of $54.0M, or $0.85 per diluted share, up 30.8% vs prior year quarter; adjusted EPS of $0.90, up 28.6% from $0.70 a year ago.
Operating Income and Adjusted Operating Income Expansion
Operating income grew 22% to $63.1M; adjusted operating income (excl. D&A) increased 14.1% to $72.5M versus $63.5M prior year, reflecting improved underlying performance.
Revenue Growth
Total first quarter revenue increased 4.1% to $221.7M from $213.0M, driven by organic growth across academic institutions.
Enrollment Momentum and Retention
Total student enrollments rose 1.1% year-over-year as of March 31; CTU enrollments increased 1.9% to 34,050 (10th consecutive quarter of growth) and retention levels are near multiyear highs.
Segment Strength — St. Augustine
University of St. Augustine revenue increased 9.8% to $43.0M with operating income of $6.3M versus an operating loss in the prior year quarter; expansion of program modalities and expected double-digit adjusted operating income growth for the full year.
Segment Improvements — CTU and AIU System
CTU revenue rose 4.0% to $120.8M and operating income increased 8.1% to $50.5M. AIU System revenue was $57.8M with operating income up 12% to $12.6M; lower bad debt expense helped offset marketing investments.
Strong Cash Position and Operating Cash Flow
Net cash provided by operations was $69.4M vs $65.1M prior year; ending cash, cash equivalents, restricted cash and short-term investments totaled $680M, an increase of ~$36.5M year-over-year.
Confident 2026 Outlook and Capital Allocation
Full year 2026 guidance: adjusted operating income $254M–$263M (vs $237.6M in 2025); adjusted EPS $3.05–$3.16 (vs $2.61 in 2025; ~19% increase at midpoint). Board declared $0.15 quarterly dividend and $91.9M remaining share repurchase authorization.
Investments in Technology and AI Initiatives
Ongoing strategic investments in technology and selective use of generative AI to improve student experience, prospect engagement and academic outcomes; academic pilots and proposed AI-focused courses planned.
PRDO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PRDO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $34.44 | $36.04 | +4.65% |
Feb 19, 2026 | $31.39 | $32.69 | +4.15% |
Sep 30, 2025 | $37.29 | $36.80 | -1.30% |
Jul 31, 2025 | $28.37 | $29.27 | +3.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Perdoceo Education Corporation (PRDO) report earnings?
Perdoceo Education Corporation (PRDO) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is Perdoceo Education Corporation (PRDO) earnings time?
Perdoceo Education Corporation (PRDO) earnings time is at Jul 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is PRDO EPS forecast?
PRDO EPS forecast for the fiscal quarter 2026 (Q2) is 0.75.