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Perdoceo Education: 3Q Earnings Snapshot

·1 min read

SCHAUMBURG, Ill. (AP) _ Perdoceo Education Corporation (PRDO) on Thursday reported third-quarter earnings of $39.9 million.

The Schaumburg, Illinois-based company said it had net income of 56 cents per share. Earnings, adjusted for non-recurring gains, came to 35 cents per share.

The for-profit education company posted revenue of $169.1 million in the period.

For the current quarter ending in December, Perdoceo Education expects its per-share earnings to range from 34 cents to 35 cents.

The company expects full-year earnings in the range of $1.51 to $1.53 per share.

Perdoceo Education shares have decreased 35% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11.95, a decline of 20% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PRDO at https://www.zacks.com/ap/PRDO