Perdoceo Education (NASDAQ:PRDO) Issues Quarterly Earnings Results

Perdoceo Education (NASDAQ:PRDO) announced its quarterly earnings data on Thursday. The company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.06, FiscalAI reports. The firm had revenue of $221.74 million during the quarter, compared to analysts’ expectations of $218.40 million. Perdoceo Education had a return on equity of 18.58% and a net margin of 19.91%.The company’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.70 EPS. Perdoceo Education updated its FY 2026 guidance to 3.050-3.160 EPS and its Q2 2026 guidance to 0.790-0.800 EPS.

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

• Perdoceo reported stronger-than-expected Q1 results with net income of $54 million, GAAP EPS of $0.85 (up 30.8%) and adjusted EPS of $0.90, while revenue rose 4.1% to $221.7 million.
• The company raised its 2026 outlook, forecasting adjusted operating income of $254–$263 million and adjusted EPS of $3.05–$3.16, and expects revenue to increase in each remaining quarter versus 2025.
• Enrollment trends are mixed — total enrollments were up 1.1% year-over-year with CTU up 1.9% (10th consecutive quarter of growth) but AIU System declined 2.2%, and CTU faces comparability headwinds from lapping strong prior quarters and a record number of graduates in 2026.
• Strong liquidity and shareholder returns remain priorities, with approximately $680 million in cash and equivalents, ~$91.9 million of share repurchase authorization remaining, and a declared quarterly dividend of $0.15 per share.

Perdoceo Education Stock Up 4.6%

Shares of NASDAQ PRDO traded up $1.60 during mid-day trading on Friday, reaching $36.04. 708,193 shares of the company’s stock were exchanged, compared to its average volume of 542,444. The company has a current ratio of 5.06, a quick ratio of 5.03 and a debt-to-equity ratio of 0.04. The business has a fifty day simple moving average of $35.23 and a 200 day simple moving average of $32.49. Perdoceo Education has a twelve month low of $26.66 and a twelve month high of $38.50. The firm has a market capitalization of $2.26 billion, a price-to-earnings ratio of 13.81, a PEG ratio of 0.79 and a beta of 0.73.

Perdoceo Education Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Monday, June 1st will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.7%. Perdoceo Education’s dividend payout ratio (DPR) is currently 22.99%.

Analyst Ratings Changes

Several brokerages have weighed in on PRDO. Barrington Research set a $44.00 price objective on Perdoceo Education in a report on Friday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Perdoceo Education in a research note on Tuesday, April 21st. Finally, Zacks Research cut Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $44.00.

Insiders Place Their Bets

In related news, SVP David C. Czeszewski sold 36,225 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $32.81, for a total value of $1,188,542.25. Following the completion of the transaction, the senior vice president directly owned 68,875 shares in the company, valued at approximately $2,259,788.75. The trade was a 34.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Ashish R. Ghia sold 33,271 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $35.08, for a total value of $1,167,146.68. Following the completion of the transaction, the chief financial officer owned 155,691 shares of the company’s stock, valued at $5,461,640.28. This represents a 17.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 206,476 shares of company stock valued at $7,273,879 over the last 90 days. 1.46% of the stock is owned by company insiders.

Hedge Funds Weigh In On Perdoceo Education

Several institutional investors and hedge funds have recently modified their holdings of PRDO. Royal Bank of Canada grew its position in shares of Perdoceo Education by 19.2% in the 1st quarter. Royal Bank of Canada now owns 10,663 shares of the company’s stock valued at $269,000 after purchasing an additional 1,717 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Perdoceo Education by 2.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,278 shares of the company’s stock valued at $1,417,000 after purchasing an additional 1,235 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Perdoceo Education by 49.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company’s stock valued at $38,964,000 after purchasing an additional 513,599 shares during the period. Jane Street Group LLC grew its position in shares of Perdoceo Education by 117.5% in the 1st quarter. Jane Street Group LLC now owns 267,312 shares of the company’s stock valued at $6,731,000 after purchasing an additional 144,395 shares during the period. Finally, Marshall Wace LLP grew its position in shares of Perdoceo Education by 192.2% in the 2nd quarter. Marshall Wace LLP now owns 80,212 shares of the company’s stock valued at $2,622,000 after purchasing an additional 52,762 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Perdoceo Education

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

• Positive Sentiment: Perdoceo beat analyst estimates for Q1 2026, posting EPS of $0.90 versus the $0.84 consensus and revenue of $221.7 million versus $218.4 million expected, which supports the stock move higher.
• Positive Sentiment: Underlying profitability improved, with revenue up 4.1% year over year and net income, operating profit, and cash from operations all rising, signaling healthy business momentum. Perdoceo Education Corporation Announces First Quarter 2026 Results
• Positive Sentiment: The company’s Q2 2026 EPS guidance of $0.79-$0.80 came in above the $0.76 consensus, and FY 2026 guidance of $3.05-$3.16 was at or slightly above expectations, reinforcing a constructive outlook.
• Positive Sentiment: Perdoceo also declared a quarterly dividend of $0.15 per share, highlighting continued cash generation and returning capital to shareholders.
• Neutral Sentiment: Some reports noted the stock moved lower immediately after earnings despite the beat, likely reflecting short-term volatility or mixed reaction to the results. PRDO Q1 2026 Earnings Call Prepared Remarks Transcript
• Negative Sentiment: One market note pointed to heavy insider selling over the past six months and some institutional investors trimming positions, which could temper enthusiasm even after the earnings beat.

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.