Perdoceo Education (PRDO) Surpasses Q1 Earnings and Revenue Estimates

Core Viewpoint - Perdoceo Education (PRDO) reported quarterly earnings of $0.70 per share, exceeding the Zacks Consensus Estimate of $0.66 per share, and showing an increase from $0.60 per share a year ago, indicating a positive earnings surprise of 6.06% [1][2] Financial Performance - The company achieved revenues of $213 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.42%, and up from $168.26 million in the same quarter last year [2] - Over the last four quarters, Perdoceo Education has consistently exceeded consensus EPS estimates and revenue estimates [2] Market Performance - Perdoceo Education shares have declined approximately 5.1% since the beginning of the year, slightly better than the S&P 500's decline of 5.3% [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.62 for the upcoming quarter and $2.41 for the current fiscal year, with revenues expected to be $205.09 million and $823.06 million respectively [7] - The Zacks Rank for Perdoceo Education is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Schools industry, to which Perdoceo Education belongs, is currently ranked in the top 27% of over 250 Zacks industries, suggesting a favorable environment for performance [8]