Perdoceo Education (PRDO)

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Perdoceo Education (PRDO) Surpasses Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-01 22:20
Perdoceo Education (PRDO) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.06%. A quarter ago, it was expected that this for-profit education company would post earnings of $0.48 per share when it actually produced earnings of $0.50, delivering a surprise of 4.17%.Over the last four ...
Perdoceo Education (PRDO) - 2025 Q1 - Earnings Call Transcript
2025-05-01 21:00
Perdoceo Education (PRDO) Q1 2025 Earnings Call May 01, 2025 05:00 PM ET Speaker0 Hello, and welcome to the Perdocayo Education Corporation First Quarter twenty twenty five Earnings Conference Call. Now I would like to hand the call over to Nick Nelson from Alpha IR. Nick, you may begin. Speaker1 Thank you, operator. Good afternoon, everyone, and thank you for joining us for our first quarter twenty twenty five earnings call. With me on the call today is Todd Nelson, President and Chief Executive Officer an ...
Perdoceo Education (PRDO) - 2025 Q1 - Quarterly Report
2025-05-01 20:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 0-23245 PERDOCEO EDUCATION CORPORATION (Exact name of registrant as specified in its charter) Delaware 36-3932190 (State or other j ...
Perdoceo Education (PRDO) - 2025 Q1 - Quarterly Results
2025-05-01 20:01
PRDO ANNOUNCES 1Q25 RESULTS …PG 1 Exhibit 99.1 PERDOCEO EDUCATION CORPORATION ANNOUNCES FIRST QUARTER 2025 RESULTS Schaumburg, IL. (May 1, 2025) – Perdoceo Education Corporation (NASDAQ: PRDO) today reported operating and financial results for the quarter ended March 31, 2025. First Quarter 2025 Results as Compared to Prior Year Quarter *See GAAP (U.S. generally accepted accounting principles) to non-GAAP reconciliation attached to this press release "First quarter results exceeded our expectations as CTU a ...
Is Perdoceo Education (PRDO) a Great Value Stock Right Now?
ZACKS· 2025-04-14 14:45
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional va ...
What Makes Perdoceo Education (PRDO) a New Buy Stock
ZACKS· 2025-02-20 18:00
Perdoceo Education (PRDO) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors ...
PRDO vs. LINC: Which Stock Should Value Investors Buy Now?
ZACKS· 2025-02-20 17:45
Investors looking for stocks in the Schools sector might want to consider either Perdoceo Education (PRDO) or Lincoln Educational Services Corporation (LINC) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and ...
Perdoceo Education (PRDO) - 2024 Q4 - Earnings Call Transcript
2025-02-19 03:27
Financial Data and Key Metrics Changes - The company reported fourth quarter net income of $31.5 million, or $0.47 per diluted share, while adjusted earnings per diluted share was $0.50 [18] - Full-year net income was $147.6 million, or $2.19 per diluted share, compared to $147.7 million, or $2.18 per diluted share in the prior year [26] - Adjusted earnings per diluted share increased to $2.29 from $2.10 in the prior year [26] - Full-year operating income rose to $174.3 million, an increase of $23.8 million compared to the prior year [26] Business Line Data and Key Metrics Changes - At CTU, total student enrollments increased by 8.1% compared to the prior year-end [19] - At AIU System, total student enrollments increased by 11.8% as it reverted to normalized operations [19] - Full-year revenue at CTU decreased by 2.6% to $456.9 million, but fourth quarter revenue increased by 9.7% to $114.8 million [33][34] - AIU System's full-year revenue decreased by 11.1% to $213.5 million, while fourth quarter revenue increased by 19.1% to $51.4 million [35] Market Data and Key Metrics Changes - The company experienced total student enrollment growth through 2024, supported by federal student aid initiatives [11] - The acquisition of the University of St. Augustine for Health Sciences is expected to diversify and expand academic offerings in the health sciences field [17] Company Strategy and Development Direction - The company focuses on enhancing student retention and engagement while making selective investments in technology and data analytics [12] - The acquisition of St. Augustine is expected to be accretive to operating income in 2025 and provide further growth in 2026 [17] - The company aims to maintain a balanced capital allocation strategy, prioritizing investments in organic projects and returning capital to shareholders [46] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for 2025, expecting total revenue and enrollments to increase compared to 2024 [32] - The company anticipates that high levels of student retention and engagement will continue, offsetting headwinds from changes in federal student loan initiatives [51] - The effective tax rate for 2025 is expected to be between 25.5% and 26.5% [41] Other Important Information - The company returned approximately $38.5 million to shareholders through dividends and stock buybacks during 2024 [15] - Cash flow from operations for the full year was $161.6 million, an increase from $112 million in the prior year [42] - The company ended the year with $591.5 million in cash and equivalents, excluding the St. Augustine purchase [43] Q&A Session Summary Question: What are the expectations for 2025 in terms of revenue and enrollments? - The company expects total revenue and enrollments to increase in 2025, driven by strong prospective student interest and sustained improvements in retention and engagement [32] Question: How will the acquisition of St. Augustine impact financial performance? - The acquisition is expected to be accretive to operating income in 2025 and contribute positively to cash flow from operations [17][45] Question: What is the outlook for adjusted earnings per diluted share in 2025? - Adjusted earnings per diluted share is expected to range between $2.31 and $2.51, reflecting the impact of incremental expenses related to the acquisition [50]
Perdoceo Education (PRDO) - 2024 Q4 - Annual Report
2025-02-18 21:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 0-23245 PERDOCEO EDUCATION CORPORATION (Exact name of Registrant as specified in its charter) | Delaware | 36-3932190 | | --- | --- | | ( ...
Perdoceo Education (PRDO) - 2024 Q4 - Annual Results
2025-02-18 21:01
PRDO ANNOUNCES 4Q24 RESULTS …PG 1 *See GAAP (U.S. generally accepted accounting principles) to non-GAAP reconciliation attached to this press release "Quarterly operating performance at CTU and AIUS was ahead of our expectations, and we ended the year on a strong note as it relates to prospective student interest, student retention and student engagement. This broad momentum sets us up well for 2025 while our faculty and student support teams continue to prioritize enhancing student experiences, retention a ...