Recent Insider Transactions • May 21
Insider recently sold €412k worth of stock On the 13th of May, Michele Peppers sold around 14k shares on-market at roughly €29.46 per share. This transaction amounted to 48% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €646k. Insiders have been net sellers, collectively disposing of €2.0m more than they bought in the last 12 months. Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. Independent Director Hanna Skandera was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 22
Perdoceo Education Corporation to Report Q1, 2026 Results on May 07, 2026 Perdoceo Education Corporation announced that they will report Q1, 2026 results After-Market on May 07, 2026 Tillkännagivande • Apr 10
Perdoceo Education Corporation, Annual General Meeting, May 21, 2026 Perdoceo Education Corporation, Annual General Meeting, May 21, 2026. Location: perdoceo education corporation, 1750 e. golf road, suite 350, schaumburg, il 60173, United States Tillkännagivande • Jan 30
Perdoceo Education Corporation to Report Q4, 2025 Results on Feb 19, 2026 Perdoceo Education Corporation announced that they will report Q4, 2025 results After-Market on Feb 19, 2026 Tillkännagivande • Jan 06
Perdoceo Education Corporation (NasdaqGS:PRDO) announces an Equity Buyback for $100 million worth of its shares. Perdoceo Education Corporation (NasdaqGS:PRDO) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its outstanding common stock. The repurchase program is valid till June 30, 2027. Tillkännagivande • Oct 16
Perdoceo Education Corporation to Report Q3, 2025 Results on Nov 04, 2025 Perdoceo Education Corporation announced that they will report Q3, 2025 results After-Market on Nov 04, 2025 Tillkännagivande • Jul 19
Perdoceo Education Corporation to Report Q2, 2025 Results on Jul 31, 2025 Perdoceo Education Corporation announced that they will report Q2, 2025 results After-Market on Jul 31, 2025 Tillkännagivande • Apr 22
Perdoceo Education Corporation to Report Q1, 2025 Results on May 01, 2025 Perdoceo Education Corporation announced that they will report Q1, 2025 results After-Market on May 01, 2025 Tillkännagivande • Apr 14
Perdoceo Education Corporation, Annual General Meeting, May 22, 2025 Perdoceo Education Corporation, Annual General Meeting, May 22, 2025. Location: centraldaylight saving time, 1750 east golf road, schaumburg, illinois 60173 United States Tillkännagivande • Feb 08
Hanna Skandera Joins Perdoceo Education Corporation Board of Directors Perdoceo Education Corporation announced that Hanna Skandera has been appointed to the Company’s Board of Directors. Ms. Skandera’s appointment follows a February 3, 2025 vote by the Board of Directors to expand the number of eligible board seats from eight to nine. Ms. Skandera currently serves as president and CEO of the Daniels Fund. The Daniels Fund is a $1.7 billion philanthropic organization that equips people to reach their fullest potential. The Fund provides grants to highly effective nonprofits, has launched the National Civics Bee which is now in 200 cities across 40 states, and provides college scholarships to the next generation of America’s leaders. The Daniels Fund has given away $1.2 billion to more than 6,000 grantees and over 5,000 Daniels Scholars since its founding in 2000. Joining the organization’s board in 2019 and taking the helm in 2021, Ms. Skandera demonstrates a strong commitment to impact and positively influence American life. Ms. Skandera is nationally recognized for her bold leadership, entrepreneurial vision, and focus on outcomes. As Secretary of Education in New Mexico under Governor Susana Martinez, Ms. Skandera realized significant improvements in academic achievement and effective management of a $2.7 billion budget. She previously served as Undersecretary for California Governor Schwarzenegger and as Deputy Commissioner for Florida Governor Jeb Bush, as well as Deputy Chief of Staff and Senior Policy Advisor at the U.S. Department of Education. In addition to her policy and business acumen, Ms. Skandera has served as visiting professor at the Pepperdine School of Public Policy, a Distinguished Teaching Fellow at Harvard Kennedy School, and a research fellow with the Hoover Institution at Stanford University. Pepperdine has honored her as both a Distinguished Alumna and an Outstanding Woman in Leadership. Ms. Skandera serves on the boards of Daniels Fund, Denver Metro Chamber of Commerce, MGT, Philanthropy Roundtable, and Risepoint. Tillkännagivande • Feb 06
Perdoceo Education Corporation to Report Q4, 2024 Results on Feb 18, 2025 Perdoceo Education Corporation announced that they will report Q4, 2024 results After-Market on Feb 18, 2025 Tillkännagivande • Feb 04
Perdoceo Education Corporation Announces Quarterly Dividend, Payable on March 13, 2025 Perdoceo Education Corporation announced that its board of directors declared a quarterly dividend of $0.13 per share of common stock as part of the Company’s dividend policy, which will be paid on March 13, 2025, to holders of record of the Company’s common stock as of March 1, 2025. Tillkännagivande • Dec 03
Perdoceo Education Corporation (NasdaqGS:PRDO) completed the acquisition of University of St. Augustine for Health Sciences, LLC ("USAPC") for $138 million. Perdoceo Education Corporation (NasdaqGS:PRDO) entered into an agreement to acquire University of St. Augustine for Health Sciences, LLC ("USAPC") for $144 million on July 15, 2024. The actual cash paid will depend on adjustments for cash, debt and working capital based on the final closing balance sheet. The cash consideration is expected to be funded fully using the Company’s available cash balances. Additionally, upon termination of the agreement by either the Perdoceo Education Corporation or USAPC under certain, specified circumstances, the Perdoceo Education Corporation will be required to pay the representative of the stockholders of USAPC a termination fee of either $4 million, $10 million or $20 million, depending on the circumstances. USAHS had approximately $114 million in revenue and approximately $25 million in operating income during the nine months ended September 30, 2024.
The transaction is subject to receipt of certain third party consents, expiration or termination of any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, regulatory approvals from the Accrediting Commission for Senior Colleges and Universities of the Western Association of Schools and Colleges (WASC). The boards of directors of both parties to the merger, the USAHS board of directors, and the USAHS stockholders holding 100% of the voting power over USAHS’ parent’s outstanding common stock, each have unanimously approved the acquisition, and no other stockholder or board approval is required to complete the acquisition. The closing of the Merger is expected to occur in December 2024. Perdoceo expects the transaction to be accretive to the Company’s adjusted operating income immediately beginning in 2025 and the transaction to provide further growth in adjusted operating income in 2026.
Michael E. Weisser and Keri Schick Norton of Kirkland & Ellis LLP acted as legal advisor to USAPC. Christopher S. Atkinson and Joshua A. Feiger of Katten Muchin Rosenman LLP acted as legal advisor to Perdoceo Education Corporation. Morgan Stanley (NYSE:MS) acted as financial advisor to University of St. Augustine for Health Sciences, LLC.
Perdoceo Education Corporation (NasdaqGS:PRDO) completed the acquisition of University of St. Augustine for Health Sciences, LLC ("USAPC") for $138 million on December 2, 2024. Declared Dividend • Nov 15
Third quarter dividend of US$0.13 announced Shareholders will receive a dividend of US$0.13. Ex-date: 2nd December 2024 Payment date: 13th December 2024 Dividend yield will be 1.8%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (5% earnings payout ratio) and cash flows (22% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 7.5% over the next year, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €23.20, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Consumer Services industry in Europe. Total returns to shareholders of 166% over the past three years. Tillkännagivande • Oct 23
Perdoceo Education Corporation to Report Q3, 2024 Results on Nov 12, 2024 Perdoceo Education Corporation announced that they will report Q3, 2024 results After-Market on Nov 12, 2024 Recent Insider Transactions • Sep 15
VP & Chief Accounting Officer recently sold €238k worth of stock On the 11th of September, Michele Peppers sold around 13k shares on-market at roughly €19.06 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.3m more than they bought in the last 12 months. Upcoming Dividend • Aug 23
Upcoming dividend of US$0.13 per share Eligible shareholders must have bought the stock before 30 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.6%). Declared Dividend • Aug 05
Second quarter dividend of US$0.13 announced Shareholders will receive a dividend of US$0.13. Ex-date: 30th August 2024 Payment date: 13th September 2024 Dividend yield will be 1.9%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (25% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 5.6% over the next year, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: US$0.59 (vs US$0.81 in 2Q 2023) Second quarter 2024 results: EPS: US$0.59 (down from US$0.81 in 2Q 2023). Revenue: US$166.7m (down 11% from 2Q 2023). Net income: US$38.4m (down 30% from 2Q 2023). Profit margin: 23% (down from 29% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jul 19
Perdoceo Education Corporation to Report Q2, 2024 Results on Jul 31, 2024 Perdoceo Education Corporation announced that they will report Q2, 2024 results After-Market on Jul 31, 2024 Tillkännagivande • Jul 17
Perdoceo Education Corporation (NasdaqGS:PRDO) entered into an agreement to acquire University of St. Augustine for Health Sciences, LLC ("USAPC") for $144 million. Perdoceo Education Corporation (NasdaqGS:PRDO) entered into an agreement to acquire University of St. Augustine for Health Sciences, LLC ("USAPC") for $144 million on July 15, 2024. The actual cash paid will depend on adjustments for cash, debt and working capital based on the final closing balance sheet. The cash consideration is expected to be funded fully using the Company’s available cash balances. Additionally, upon termination of the agreement by either the Perdoceo Education Corporation or USAPC under certain, specified circumstances, the Perdoceo Education Corporation will be required to pay the representative of the stockholders of USAPC a termination fee of either $4 million, $10 million or $20 million, depending on the circumstances. USAHS had approximately $170 million in revenue and approximately $35 million in operating income during its last fiscal year ended December 31, 2023.
The transaction is subject to receipt of certain third party consents, expiration or termination of any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, regulatory approvals from the Accrediting Commission for Senior Colleges and Universities of the Western Association of Schools and Colleges (WASC). The boards of directors of both parties to the merger, the USAHS board of directors, and the USAHS stockholders holding 100% of the voting power over USAHS’ parent’s outstanding common stock, each have unanimously approved the acquisition, and no other stockholder or board approval is required to complete the acquisition. The closing of the Merger is expected to occur in December 2024. Perdoceo expects the transaction to be accretive to the Company’s adjusted operating income immediately beginning in 2025 and the transaction to provide further growth in adjusted operating income in 2026.
Michael E. Weisser and Keri Schick Norton of Kirkland & Ellis LLP acted as legal advisor to USAPC. Christopher S. Atkinson and Joshua A. Feiger of Katten Muchin Rosenman LLP acted as legal advisor to Perdoceo Education Corporation. Morgan Stanley (NYSE:MS) acted as financial advisor to University of St. Augustine for Health Sciences, LLC. Upcoming Dividend • May 24
Upcoming dividend of US$0.11 per share Eligible shareholders must have bought the stock before 31 May 2024. Payment date: 15 June 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (2.8%). Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to €22.60, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Consumer Services industry in Europe. Total returns to shareholders of 139% over the past three years. Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$0.60 (vs US$0.51 in 1Q 2023) First quarter 2024 results: EPS: US$0.60 (up from US$0.51 in 1Q 2023). Revenue: US$168.3m (down 14% from 1Q 2023). Net income: US$39.4m (up 14% from 1Q 2023). Profit margin: 23% (up from 18% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • May 01
Senior VP recently sold €203k worth of stock On the 26th of April, Ashish Ghia sold around 11k shares on-market at roughly €17.80 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €787k. This was Ashish's only on-market trade for the last 12 months. Buy Or Sell Opportunity • Apr 15
Now 20% undervalued Over the last 90 days, the stock has risen 2.6% to €16.00. The fair value is estimated to be €20.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.2%. Revenue is forecast to decline by 4.7% in 2 years. Earnings are forecast to grow by 1.0% in the next 2 years. Tillkännagivande • Apr 13
Perdoceo Education Corporation, Annual General Meeting, May 23, 2024 Perdoceo Education Corporation, Annual General Meeting, May 23, 2024, at 09:00 Central Daylight. Location: 1750 East Golf Road Schaumberg Illinois United States Agenda: To elect eight directors of Perdoceo Education Corporation; to approve, by a non-binding advisory vote, executive compensation paid by Perdoceo Education Corporation to its named executive officers, commonly referred to as a Say-on-Pay" proposal; to ratify the selection of Grant Thornton LLP as the independent registered public accounting firm to audit the Company's financial statements for the year ending December 31, 2024; and to consider any other business or matters that are properly raised at the meeting or at any adjournments or postponements of the meeting. Tillkännagivande • Apr 12
Perdoceo Education Corporation to Report Q1, 2024 Results on May 01, 2024 Perdoceo Education Corporation announced that they will report Q1, 2024 results After-Market on May 01, 2024 Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. Independent Director Alan Wheat was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Recent Insider Transactions • Mar 22
President recently sold €769k worth of stock On the 21st of March, Todd Nelson sold around 48k shares on-market at roughly €16.02 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Todd's only on-market trade for the last 12 months. Tillkännagivande • Feb 22
Perdoceo Education Corporation Provides Earnings Guidance for the Quarter Ending March 31, 2024 and Full Year Ending December 31, 2024 Perdoceo Education Corporation provided earnings guidance for the quarter ending March 31, 2024 and full year ending December 31, 2024 . For the quarter, the company expects operating income to be $40.1 million to $42.1 million and earnings per diluted share to be $0.52 to $0.54.For the full year, the company expects operating income to be $154.6 million to $174.6 million and earnings per diluted share to be $1.96 to $2.18. Reported Earnings • Feb 22
Full year 2023 earnings released: EPS: US$2.22 (vs US$1.41 in FY 2022) Full year 2023 results: EPS: US$2.22 (up from US$1.41 in FY 2022). Revenue: US$710.0m (up 2.1% from FY 2022). Net income: US$147.7m (up 54% from FY 2022). Profit margin: 21% (up from 14% in FY 2022). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Feb 22
Perdoceo Education Corporation (NasdaqGS:PRDO) announces an Equity Buyback for $50 million worth of its shares. Perdoceo Education Corporation (NasdaqGS:PRDO) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its outstanding common stock. The repurchase program is valid till September 30, 2025. Upcoming Dividend • Feb 22
Upcoming dividend of US$0.11 per share Eligible shareholders must have bought the stock before 29 February 2024. Payment date: 15 March 2024. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (5.2%). In line with average of industry peers (2.7%). Tillkännagivande • Feb 06
Perdoceo Education Corporation Announces Quarterly Dividend, Payable on March 15, 2024 Perdoceo Education Corporation announced that its board of directors declared a quarterly dividend of $0.11 per share of common stock as part of the Company’s dividend policy, which will be paid on March 15, 2024, to holders of record of the Company’s common stock as of March 1, 2024. Tillkännagivande • Feb 03
Perdoceo Education Corporation to Report Q4, 2023 Results on Feb 21, 2024 Perdoceo Education Corporation announced that they will report Q4, 2023 results After-Market on Feb 21, 2024 Upcoming Dividend • Nov 23
Upcoming dividend of US$0.11 per share at 2.5% yield Eligible shareholders must have bought the stock before 30 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 5.8% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (5.0%). In line with average of industry peers (2.6%). Board Change • Nov 21
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Alan Wheat was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: US$0.63 (vs US$0.33 in 3Q 2022) Third quarter 2023 results: EPS: US$0.63 (up from US$0.33 in 3Q 2022). Revenue: US$179.9m (up 6.8% from 3Q 2022). Net income: US$41.3m (up 87% from 3Q 2022). Profit margin: 23% (up from 13% in 3Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 4.2% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Tillkännagivande • Oct 18
Perdoceo Education Corporation to Report Q3, 2023 Results on Nov 02, 2023 Perdoceo Education Corporation announced that they will report Q3, 2023 results After-Market on Nov 02, 2023 Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €15.20, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 17x in the Consumer Services industry in Europe. Total returns to shareholders of 18% over the past three years. New Risk • Aug 04
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 4.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 4.4% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (€256k sold). Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: US$0.81 (vs US$0.38 in 2Q 2022) Second quarter 2023 results: EPS: US$0.81 (up from US$0.38 in 2Q 2022). Revenue: US$186.6m (up 11% from 2Q 2022). Net income: US$54.7m (up 112% from 2Q 2022). Profit margin: 29% (up from 15% in 2Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 4.4% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 2% per year. Tillkännagivande • Jul 14
Perdoceo Education Corporation to Report Q2, 2023 Results on Aug 03, 2023 Perdoceo Education Corporation announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 03, 2023 Recent Insider Transactions • May 15
Senior VP & Chief Information Officer recently sold €256k worth of stock On the 12th of May, David Czeszewski sold around 23k shares on-market at roughly €11.00 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €305k more than they bought in the last 12 months. Reported Earnings • May 06
First quarter 2023 earnings released: EPS: US$0.51 (vs US$0.47 in 1Q 2022) First quarter 2023 results: EPS: US$0.51 (up from US$0.47 in 1Q 2022). Revenue: US$195.6m (up 6.9% from 1Q 2022). Net income: US$34.5m (up 7.5% from 1Q 2022). Profit margin: 18% (in line with 1Q 2022). Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Consumer Services industry in Europe. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 5% per year. Tillkännagivande • May 05
Perdoceo Education Corporation Provides Earnings Guidance for the Quarter Ending June 30, 2023; Provides Earnings Guidance for the Year Ending Perdoceo Education Corporation provided earnings guidance for the quarter ending June 30, 2023. For the quarter, the company expects operating income of $38.9 million to $40.9 million. Earnings per diluted share of $0.45 to $0.47. For the year ending December 31, 2022, the company expects operating income of $121.1 million to $138.1 million. Earnings per diluted share of $1.43 to $1.61. Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: US$1.41 (vs US$1.57 in FY 2021) Full year 2022 results: EPS: US$1.41 (down from US$1.57 in FY 2021). Revenue: US$695.2m (flat on FY 2021). Net income: US$95.9m (down 13% from FY 2021). Profit margin: 14% (down from 16% in FY 2021). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 1% per year. Tillkännagivande • Feb 03
Perdoceo Education Corporation to Report Q4, 2022 Results on Feb 23, 2023 Perdoceo Education Corporation announced that they will report Q4, 2022 results After-Market on Feb 23, 2023 Reported Earnings • Nov 09
Third quarter 2022 earnings released Third quarter 2022 results: EPS: US$0.33. Revenue: US$168.4m (down 3.2% from 3Q 2021). Net income: US$22.1m (up US$22.1m from 3Q 2021). Profit margin: 13% (up from 0% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Tillkännagivande • Nov 08
Perdoceo Education Corporation Provides Earnings Guidance for the Fourth Quarter and Full Year Ending December 31, 2022 Perdoceo Education Corporation provides earnings guidance for the fourth quarter and full year ending December 31, 2022. For the quarter, the company expects Operating Income of $17.3 million - $20.3 million and Earnings Per Diluted Share of $0.22 - $0.25.For the full year ending, the company expects Operating Income of $124.2 million - $127.2 million and Earnings Per Diluted Share of $1.37 - $1.40. Tillkännagivande • Oct 18
Perdoceo Education Corporation to Report Q3, 2022 Results on Nov 07, 2022 Perdoceo Education Corporation announced that they will report Q3, 2022 results After-Market on Nov 07, 2022 Reported Earnings • Aug 09
Second quarter 2022 earnings released: EPS: US$0.38 (vs US$0.38 in 2Q 2021) Second quarter 2022 results: EPS: US$0.38 (down from US$0.38 in 2Q 2021). Revenue: US$167.7m (down 4.5% from 2Q 2021). Net income: US$25.8m (down 3.3% from 2Q 2021). Profit margin: 15% (in line with 2Q 2021). Over the next year, revenue is expected to shrink by 2.3% compared to a 21% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Tillkännagivande • Jul 26
Perdoceo Education Corporation to Report Q2, 2022 Results on Aug 08, 2022 Perdoceo Education Corporation announced that they will report Q2, 2022 results After-Market on Aug 08, 2022 Reported Earnings • May 07
First quarter 2022 earnings released: EPS: US$0.47 (vs US$0.44 in 1Q 2021) First quarter 2022 results: EPS: US$0.47 (up from US$0.44 in 1Q 2021). Revenue: US$183.0m (flat on 1Q 2021). Net income: US$32.1m (up 4.3% from 1Q 2021). Profit margin: 18% (in line with 1Q 2021). Over the next year, revenue is expected to shrink by 4.2% compared to a 31% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Tillkännagivande • May 06
Perdoceo Education Corporation Provides Earnings Guidance for the Second Quarter Ending June 30, 2022 and Full Year Ending December 31, 2022 Perdoceo Education Corporation provided earnings guidance for the second quarter ending June 30, 2022 and full year ending December 31, 2022. For the quarter, the company expects operating income to be $30.0 million to $32.0 million and earnings per diluted share to be $0.32 - $0.34. For the year, the company expects operating income to be $108.7 million to $119.7 million and earnings per diluted share to be $1.16 to $1.28. Tillkännagivande • Apr 16
Perdoceo Education Corporation to Report Q1, 2022 Results on May 05, 2022 Perdoceo Education Corporation announced that they will report Q1, 2022 results After-Market on May 05, 2022 Tillkännagivande • Apr 13
Perdoceo Education Corporation, Annual General Meeting, May 26, 2022 Perdoceo Education Corporation, Annual General Meeting, May 26, 2022, at 09:00 Central Daylight. Location: 231 North Martingale Road, Schaumburg, Illinois 60173 Illinois United States Agenda: To elect ten directors of Perdoceo Education Corporation; to approve, by a non-binding advisory vote, executive compensation paid by Perdoceo Education Corporation to its named executive officers, commonly referred to as a Say-on-Pay proposal; To ratify the selection of Grant Thornton LLP as the independent registered public accounting firm to audit the Company's financial statements for the year ending December 31, 2022; and to consider any other business or matter that is properly raised at the meeting or at any adjournments or postponements of the meeting. Recent Insider Transactions • Mar 11
Senior VP recently sold €375k worth of stock On the 2nd of March, Jeffrey Ayers sold around 40k shares on-market at roughly €9.42 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €743k more than they bought in the last 12 months. Reported Earnings • Feb 26
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$1.57 (down from US$1.79 in FY 2020). Revenue: US$693.0m (flat on FY 2020). Net income: US$109.7m (down 12% from FY 2020). Profit margin: 16% (down from 18% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 5.1% compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Tillkännagivande • Jan 28
Perdoceo Education Corporation to Report Q4, 2021 Results on Feb 24, 2022 Perdoceo Education Corporation announced that they will report Q4, 2021 results After-Market on Feb 24, 2022 Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Director Alan Wheat was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 12
Insider recently sold €270k worth of stock On the 9th of November, John Kline sold around 30k shares on-market at roughly €9.01 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €591k more than they bought in the last 12 months. Reported Earnings • Nov 06
Third quarter 2021 earnings released: EPS US$0.40 (vs US$0.58 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$174.0m (up 2.9% from 3Q 2020). Net income: US$27.8m (down 31% from 3Q 2020). Profit margin: 16% (down from 24% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Tillkännagivande • Aug 08
Perdoceo Education Corporation Provides Earnings Guidance for the Quarter Ending September 30, 2021 and Full Year Ending December 31, 2021 Perdoceo Education Corporation provided earnings guidance for the quarter ending September 30, 2021 and full year ending December 31, 2021. For the quarter ending September 30, 2021, the company expects operating income is in the range of $35.5 million to $37 million and earnings per diluted share is in the range of $0.37 to $0.38.
For the full year ending December 31, 2021, the company expects operating income is in the range of $146.3 million to $152 million and earnings per diluted share is in the range of $1.52 to $1.58. Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS US$0.38 (vs US$0.41 in 2Q 2020) The company reported a soft second quarter result with weaker earnings, although revenues and profit margins were flat. Second quarter 2021 results: Revenue: US$175.5m (flat on 2Q 2020). Net income: US$26.7m (down 5.5% from 2Q 2020). Profit margin: 15% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. 
