earnings
confidence high
sentiment positive
materiality 0.75
Perdoceo Q4 revenue +19%, EPS $0.47; full-year adjusted EPS $2.29, up from $2.10
PERDOCEO EDUCATION Corp
2024-FY EPS reported
$2.19
revenue$681,263,000
- Q4 revenue $176.4M (+19.3% YoY); operating income $37.2M (+133.2%); diluted EPS $0.47 vs $0.26.
- FY 2024 revenue $681.3M (-4.0%); operating income $174.3M (+15.8%); adjusted EPS $2.29 vs $2.10.
- Total student enrollments up 20% to 41,400, driven by CTU (+8.1%), AIUS (+11.8%), and USAHS acquisition.
- Completed acquisition of University of St. Augustine for Health Sciences (USAHS) in December 2024; added $10M Q4 revenue and 3,800 enrollments.
- Cash and investments $591.5M after acquisition payments; management cites momentum heading into 2025.