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Perdoceo Education Corporation Reports Third Quarter and Year to Date 2026 Results

Business Wire•05/11/2026•16:01 ET
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Key Highlights

  • ➤Q3 adjusted EPS increased 18.5% to $0.77 year over year.
  • ➤Year-to-date diluted EPS increased 23.5% to $2.31.
  • ➤Full-year 2026 adjusted EPS outlook is $3.15-$3.19, versus $2.61 in 2025.
  • ➤South University acquisition could close April 2027, with up to $224 million consideration.
  • ➤Year-to-date operating cash flow increased 20.9% to $223.8 million.

Expert Statements

Todd Nelson, President and Chief Executive Officer of Perdoceo Education Corporation

“Third quarter operating performance was ahead of our expectations, as our portfolio of academic institutions experienced strong prospective student interest and student retention trended near historical highs. Importantly, we remain committed to investing in student support and technology that we believe will further enhance both student experiences and academic outcomes. Looking ahead, we are on track to complete our acquisition of South University as early as April 2027, and expect to continue generating long-term, sustainable and responsible growth.”

Perdoceo Education Corporation Reports Third Quarter and Year to Date 2026 Results

Earnings per diluted share increased 23.5% for the year to date ended September 30, 2026

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