Perdoceo Education Sees Q3 Adj. EPS $0.52-$0.54 Vs $0.58 Est.
Portfolio Pulse from Benzinga Newsdesk
Perdoceo Education Corporation (PRDO) has announced its Q3 adjusted EPS guidance of $0.52-$0.54, which is below the analyst estimate of $0.58.
July 31, 2024 | 8:40 pm
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Perdoceo Education Corporation (PRDO) has provided Q3 adjusted EPS guidance of $0.52-$0.54, which is below the analyst estimate of $0.58. This could lead to a negative short-term impact on the stock price as the market reacts to the lower-than-expected earnings guidance.
The lower-than-expected EPS guidance suggests that the company's financial performance may not meet market expectations, which could lead to a decline in investor confidence and a subsequent drop in the stock price.
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