Loading...
•
Mar 31, 2024
Perdoceo Q1 2024 Earnings Report
Reported first quarter results, showing increased operating income and earnings per share, but a decrease in revenue.
Key Takeaways
Perdoceo Education Corporation reported a mixed performance for the first quarter of 2024. Operating income increased by 6.8%, and earnings per diluted share rose to $0.59. However, revenue decreased by 14.0% to $168.3 million. Total student enrollments increased by 9.0%.
Operating income increased 6.8% to $46.3 million.
Earnings per diluted share increased to $0.59 from $0.50.
Revenue decreased 14.0% to $168.3 million.
Total student enrollments increased 9.0%.
Revenue by Segment
Forward Guidance
The company updated its full year outlook and provided its second quarter outlook, subject to key assumptions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...