Higher education company Perdoceo Education (NASDAQ:PRDO) will be reporting earnings tomorrow after market close. Here’s what to expect. Perdoceo Education beat analysts’ revenue expectations by 10.2% last quarter, reporting revenues of $176.4 million, up 19.3% year on year. It was a strong quarter for the company, with EPS guidance for next quarter topping analysts’ expectations, Is Perdoceo Education a buy or sell going into earnings? Read our full analysis here, it’s free. This quarter, analysts are expecting Perdoceo Education’s revenue to grow 23.6% year on year to $208 million, a reversal from the 14% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.66 per share.Perdoceo Education Total Revenue Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Perdoceo Education has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 4.5% on average. Looking at Perdoceo Education’s peers in the consumer discretionary segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Strategic Education delivered year-on-year revenue growth of 4.6%, beating analysts’ expectations by 1%, and Hasbro reported revenues up 17.1%, topping estimates by 14.8%. Strategic Education’s stock price was unchanged after the resultswhile Hasbro was up 15.9%. Read our full analysis of Strategic Education’s results here and Hasbro’s results here. The outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. While some of the consumer discretionary stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 6.1% on average over the last month. Perdoceo Education is down 3.6% during the same time and is heading into earnings with an average analyst price target of $35 (compared to the current share price of $25.19). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. View Comments
Perdoceo Education (PRDO) Q1 Earnings Report Preview: What To Look For
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