Perdoceo Education raises full-year earnings outlook and increases dividend after strong first-half performance.
Perdoceo Education Corporation raised its quarterly dividend to $0.17 per share and projected 2026 adjusted earnings per share of $3.10 to $3.16. The guidance reflects stronger-than-expected operating performance in the first half of the year.
Year-to-date operating income grew 14.4%, driven by a 3% increase in revenue. The company cited robust academic institution performance as the key driver behind the upward revision.
Management did not disclose immediate market reaction to the announcement during the earnings call.