Shares of Perdoceo Education Corporation (PRDO) surged 7.27% in pre-market trading on Friday, following the release of the company's impressive first-quarter 2025 earnings report. The educational services provider significantly outperformed analyst expectations, showcasing robust financial growth and positive operational trends.

Perdoceo reported adjusted earnings per share of $0.70 for the quarter ended March 31, surpassing the lone analyst forecast of $0.66 and marking a substantial increase from $0.60 in the same quarter last year. Revenue also exceeded expectations, climbing 26.6% year-over-year to $213 million, compared to the anticipated $208 million. The company's strong performance was attributed to high student retention rates, increased engagement, and the positive impact of its recent acquisition of St. Augustine.

Looking ahead, Perdoceo's management expressed optimism for the full year 2025. The company projects adjusted operating income between $220 million and $235 million, up from $188.9 million in 2024. Additionally, adjusted earnings per share are expected to range from $2.40 to $2.56. Despite some challenges, including a slight decrease in AIU System enrollments and ongoing regulatory uncertainties, investors appear encouraged by Perdoceo's overall growth trajectory and its commitment to shareholder returns, as evidenced by the $34.4 million distributed through dividends and stock repurchases in the first quarter.