Perdoceo Education (NASDAQ:PRDO) Releases Earnings Results, Meets Expectations

Perdoceo Education (NASDAQ:PRDO) posted its quarterly earnings data on Thursday. The company reported $0.80 earnings per share for the quarter, hitting the consensus estimate of $0.80, Zacks reports. The company had revenue of $213.35 million during the quarter, compared to analysts’ expectations of $212.50 million. Perdoceo Education had a return on equity of 19.14% and a net margin of 20.62%.Perdoceo Education’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.67 earnings per share. 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

PRDO opened at $33.85 on Friday. The business’s 50-day simple moving average is $33.15 and its 200 day simple moving average is $33.73. Perdoceo Education has a 52-week low of $26.66 and a 52-week high of $38.50. The firm has a market capitalization of $2.12 billion, a PE ratio of 12.35, a PEG ratio of 0.70 and a beta of 0.71.

Perdoceo Education Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Tuesday, September 1st will be issued a dividend of $0.17 per share. The ex-dividend date is Tuesday, September 1st. This is a boost from Perdoceo Education’s previous quarterly dividend of $0.15. This represents a $0.68 annualized dividend and a yield of 2.0%. Perdoceo Education’s dividend payout ratio is currently 22.99%.

Trending Headlines about Perdoceo Education

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

• Positive Sentiment: Perdoceo raised its quarterly dividend 13.3% to $0.17 per share, payable September 10 to shareholders of record September 1. The increase signals confidence in cash generation and provides an annualized yield of approximately 2.0%.
• Positive Sentiment: Second-quarter revenue reached approximately $213.4 million, ahead of the $212.5 million analyst estimate and 1.8% above the prior-year period. Earnings of $0.80 per share matched consensus and increased from $0.67 a year earlier, while net margin remained strong at 19.91%. Perdoceo Education Q2 earnings report
• Positive Sentiment: Full-year 2026 adjusted EPS guidance of $3.10-$3.16 places the midpoint at $3.13, slightly above the $3.11 analyst consensus. This supports the view that profitability is holding up despite limited revenue growth. Perdoceo projects 2026 EPS and raises dividend
• Neutral Sentiment: Third-quarter EPS guidance of $0.73-$0.74 is broadly in line with expectations, though its midpoint is modestly below the $0.74 consensus estimate. Perdoceo Education matches Q2 earnings estimates
• Negative Sentiment: Although earnings improved year over year, the quarter did not produce an upside EPS surprise, and revenue growth was only modest. The slightly cautious third-quarter outlook may limit further gains.

Insider Buying and Selling

In other Perdoceo Education news, SVP Julia A. Leeman sold 11,315 shares of the firm’s stock in a transaction that occurred 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 transaction, the senior vice president directly owned 21,924 shares in the company, valued at $778,521.24. This trade represents a 34.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Kenda B. Gonzales sold 9,308 shares of the company’s stock in a transaction that occurred 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 owned 48,158 shares in the company, valued at approximately $1,675,416.82. This represents a 16.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 38,270 shares of company stock valued at $1,336,193 in the last ninety days. 1.46% of the stock is owned by company insiders.

Institutional Trading of Perdoceo Education

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

Wall Street Analyst Weigh In

Several research firms have commented on PRDO. Weiss Ratings restated a “buy (b)” rating on shares of Perdoceo Education in a research note on Friday, July 17th. Wall Street Zen cut shares of Perdoceo Education from a “buy” rating to a “hold” rating in a research note on Saturday. Barrington Research set a $44.00 price objective on shares of Perdoceo Education in a report on Friday, May 8th. Finally, Zacks Research lowered shares of Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.