Perdoceo Education Beats Q3 2026 Estimates as Revenue Rises 1.9% to $215.9M
Revenue of $215.9M vs. $211.1M expected and adjusted EPS of $0.77 vs. $0.69; revenue up 1.9% from a year earlier.
Perdoceo Education (PRDO) beat estimates for the third quarter of 2026 on both revenue and adjusted EPS. Revenue was $215.9 million, up 1.9% from a year earlier, above the $211.1 million estimate, and adjusted EPS was $0.77, up 18% from a year earlier, above the $0.69 estimate.
Shares were unchanged in after-hours trading as of 4:00 p.m. ET, to $26.55 from a $26.55 close.
Q3 2026 scorecard
| Parameters | Expected | Actual | Beat/Miss |
|---|---|---|---|
| Adjusted EPS | $0.69 | $0.77 | Beat by 12% |
| Revenue | $211.1M | $215.9M | Beat by 2.3% |
| Change | YoY | QoQ |
|---|---|---|
| Adjusted EPS | ▲ 18% | Unchanged |
| Revenue | ▲ 1.9% | ▲ 1.2% |
By our calculation, revenue was $4.8 million above the estimate and adjusted EPS was $0.08 above it. The QoQ column compares with the previous quarter's revenue of $213.4 million and adjusted EPS of $0.77. The YoY column compares with $211.9 million and $0.65 in the same quarter a year earlier.
Track record
- EPS record. Adjusted EPS beat the estimate in 8 of the last 8 reports, including this one.
- Revenue record. Revenue beat the estimate in 8 of the last 8 reports.
- Revenue trend. Revenue over the last 5 reports, oldest first: $211.9 million, $211.6 million, $221.7 million, $213.4 million and $215.9 million.
What to watch
- Next-quarter estimates. Consensus calls for EPS of $0.65 and revenue of $208.3 million next quarter, based on 1 analyst.
- Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 1.9% increase to $215.9 million.
- Estimate record. Whether Perdoceo Education extends a record of beating EPS estimates in 8 of its last 8 reports.
- Related coverage. See our reports on Omada Health, NMI, Bill.com and Akamai.
Sources: Results are from Perdoceo Education's Nov. 5, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from Perdoceo Education's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.
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