Perdoceo Education Corp raised its full-year 2026 adjusted operating income guidance to a range of $258 million to $263 million and adjusted EPS to $3.10 to $3.16, representing a 19.9% increase at the midpoint, following second-quarter net income of $48 million, or $0.75 per diluted share, up from $41 million, or $0.62 per share, a year earlier. Year-to-date operating income grew 14.4% and revenue increased 3%, driven by disciplined expense management and investments in academics, technology, and student support. Total student enrollments grew 0.7% year-over-year, with CTU achieving its 11th consecutive quarter of enrollment growth and the University of St. Augustine for Health Sciences seeing a 6% increase in enrollments and a near doubling of adjusted operating income to $10.7 million. The Board approved a 13.3% increase in the quarterly dividend to $0.17 per share, and the company maintains a strong balance sheet with $734.8 million in cash and investments while actively evaluating accretive acquisition opportunities, particularly in health sciences.
Perdoceo Education CorpRaises 2026 profit outlook, strong Q2 earnings, and increases dividend.
