Perdoceo Education: Q1 Earnings Insights

Perdoceo Education PRDO reported its Q1 earnings results on Thursday, May 4, 2023 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Perdoceo Education beat estimated earnings by 3.57%, reporting an EPS of $0.58 versus an estimate of $0.56.

Revenue was up $12.64 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 0.95% drop in the share price the next day.

Here's a look at Perdoceo Education's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.28 0.29 0.37 0.47
EPS Actual 0.31 0.39 0.42 0.50
Revenue Estimate 164.80M 159.21M 163.10M 180.00M
Revenue Actual 176.15M 168.42M 167.68M 182.96M

To track all earnings releases for Perdoceo Education visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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