Perdoceo Education (PRDO) shares rose 22% in recent Friday trading after the company reported higher Q1 results.
The company reported Q1 adjusted earnings late Thursday of $0.70 per diluted share, up from $0.60 a year earlier.
A single analyst polled by FactSet expected $0.66.
Revenue for the quarter ended March 31 was $213 million, up from $168.3 million a year earlier.
A single analyst surveyed by FactSet expected $208 million.
The company said it expects Q2 adjusted diluted EPS of $0.64 to $0.66. A single analyst surveyed by FactSet expects $0.65.
The company now expects 2025 adjusted diluted EPS of $2.40 to $2.56, compared with the prior outlook of $2.31 to $2.51. A single analyst polled by FactSet expects $2.49.
Price: 30.55, Change: +5.38, Percent Change: +21.37
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.