Perdoceo Education (PRDO) Earnings Date, Estimates & Call Transcripts

$21.33

-0.46 (-2.11%)

(As of 09/6/2024 08:49 PM ET)

Upcoming Earnings Date: Nov. 7Estimated
Actual EPS (Jul. 31): $0.60 Beat By $0.02
Consensus EPS (Jul. 31): $0.58

PRDO Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

PRDO Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Ad Deal Maker

The solution to fast food’s wage hike crisis

Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.

Learn more about this much-needed advancement and investment opportunity here.

Perdoceo Education Analyst EPS Estimates

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate	Company Guidance
Q1 2024	1	$0.53	$0.53	$0.53	0.530 - 0.550
Q2 2024	1	$0.58	$0.58	$0.58	0.570 - 0.590
Q3 2024	1	$0.53	$0.53	$0.53	0.520 - 0.540
Q4 2024	1	$0.46	$0.46	$0.46
FY 2024	4	$2.10	$2.10		$2.10

PRDO Earnings Date and Information

Perdoceo Education last announced its earnings results on July 31st, 2024. The reported $0.60 EPS for the quarter, beating the consensus estimate of $0.58 by $0.02. The firm earned $166.74 million during the quarter, compared to analysts' expectations of $160.91 million. Its quarterly revenue was down 10.6% compared to the same quarter last year. Perdoceo Education has generated $2.27 earnings per share over the last year ($2.27 diluted earnings per share) and currently has a price-to-earnings ratio of 9.4. Earnings for Perdoceo Education are expected to grow by 6.85% in the coming year, from $2.19 to $2.34 per share. Perdoceo Education has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, November 7th, 2024 based off prior year's report dates.

Perdoceo Education Earnings History by Quarter

Time Frame

Start Date

End Date

Export to Excel

Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
11/7/2024 (Estimated)	-	-	-	-	-	-	-
7/31/2024	Q2 2024	$0.58	$0.60	+$0.02	$0.63	$160.91 million	$166.74 million
5/1/2024	Q1 2024	$0.53	$0.60	+$0.07	$0.61	$163.30 million	$168.30 million
2/21/2024	Q4 2023	$0.23	$0.27	+$0.04	$0.28	$146.20 million	$147.30 million
11/2/2023	Q3 2023	$0.49	$0.64	+$0.15	$0.66	$167.58 million	$179.92 million
8/3/2023	Q2 2023	$0.52	$0.61	+$0.09	$0.42	$179.40 million	$186.60 million
5/4/2023	Q1 2023	$0.56	$0.58	+$0.02	$0.66	$189.36 million	$195.60 million
Get the Latest News and Ratings for PRDO and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Perdoceo Education and its competitors with MarketBeat's FREE daily newsletter.
2/23/2023	Q4 2022	$0.28	$0.31	+$0.03	$0.39	$164.75 million	$176.15 million
11/7/2022	Q3 2022	$0.29	$0.39	+$0.10	$0.46	$159.21 million	$168.42 million
8/8/2022	Q2 2022	$0.37	$0.42	+$0.05	$0.47	$163.08 million	$167.68 million
5/5/2022	Q1 2022	$0.47	$0.50	+$0.03	$0.54	$180.00 million	$182.96 million
2/24/2022	Q4 2021	$0.32	$0.40	+$0.08	$0.45	$166.02 million	$159.86 million
11/4/2021	Q3 2021	$0.38	$0.45	+$0.07	$0.51	$170.99 million	$174.00 million
8/5/2021	Q2 2021	$0.40	$0.41	+$0.01	$0.45	$177.09 million	$175.54 million
5/6/2021	Q1 2021	$0.43	$0.44	+$0.01	$0.45	$180.58 million	$183.60 million
2/23/2021	Q4 2020	$0.34	$0.39	+$0.05	$0.40	$173.19 million	$171.16 million
11/5/2020	Q3 2020	$0.35	$0.35	-	$0.14	$173.40 million	$169.10 million
8/6/2020	Q2 2020	$0.37	$0.41	+$0.04	$0.42	$173.57 million	$176.00 million
5/7/2020	Q1 2020	$0.38	$0.42	+$0.04	$0.43	$161.63 million	$171.00 million
2/19/2020	Q4 2019	$0.28	$0.33	+$0.05	$0.28	$149.73 million	$158.43 million
11/6/2019	Q3 2019	$0.25	$0.33	+$0.08	$0.41	$148.00 million	$154.96 million
11/6/2019	Q3 2019	$0.25	$0.33	+$0.08	$0.41	$146.70 million	$155.00 million

Perdoceo Education Earnings - Frequently Asked Questions

When is Perdoceo Education's earnings date?: Perdoceo Education has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, November 7th, 2024 based off last year's report dates. Learn more on PRDO's earnings history.
What guidance has Perdoceo Education issued on next quarter's earnings?: Perdoceo Education updated its third quarter 2024 earnings guidance on Wednesday, July, 31st. The company provided EPS guidance of 0.520-0.540 for the period, compared to the consensus EPS estimate of 0.530. The company issued revenue guidance of -.
Did Perdoceo Education beat their earnings estimates last quarter?: In the previous quarter, Perdoceo Education (NASDAQ:PRDO) reported $0.60 earnings per share (EPS) to beat the analysts' consensus estimate of $0.58 by $0.02. Learn more on analysts' earnings estimate vs. PRDO's actual earnings.
How can I listen to Perdoceo Education's earnings conference call?: The conference call for Perdoceo Education's latest earnings report can be listened to online. Listen to Conference Call
How can I read Perdoceo Education's conference call transcript?: The conference call transcript for Perdoceo Education's latest earnings report can be read online. Read Transcript
How much revenue does Perdoceo Education generate each year?: Perdoceo Education (NASDAQ:PRDO) has a recorded annual revenue of $662.85 million.
How much profit does Perdoceo Education generate each year?: Perdoceo Education (NASDAQ:PRDO) has a recorded net income of $147.65 million. PRDO has generated $2.27 earnings per share over the last four quarters.
What is Perdoceo Education's price-to-earnings ratio?: Perdoceo Education (NASDAQ:PRDO) has a trailing price-to-earnings ratio of 9.40 and a forward price-to-earnings ratio of 9.74. The price/earnings-to-growth ratio is 0.68.
What is Perdoceo Education's EPS forecast for next year?: Perdoceo Education's earnings are expected to grow from $2.19 per share to $2.34 per share in the next year, which is a 6.85% increase.