Perdoceo Education Q2 2024 Adj. EPS $0.60 Beats $0.58 Estimate, Sales $166.740M Beat $160.911M Estimate
Portfolio Pulse from Benzinga Newsdesk
Perdoceo Education (NASDAQ:PRDO) reported Q2 2024 adjusted EPS of $0.60, beating the $0.58 estimate. Sales were $166.740M, surpassing the $160.911M estimate but down 10.63% from last year's $186.564M.
July 31, 2024 | 8:24 pm
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Perdoceo Education (NASDAQ:PRDO) reported Q2 2024 adjusted EPS of $0.60, beating the $0.58 estimate. Sales were $166.740M, surpassing the $160.911M estimate but down 10.63% from last year's $186.564M.
Perdoceo Education's Q2 2024 earnings and sales both exceeded analyst estimates, which is positive for the stock. However, the year-over-year decline in sales may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100