01:45 PM EDT, 05/02/2025 (MT Newswires) -- Perdoceo Education ( PRDO ) shares rose 22% in recent Friday trading after the company reported higher Q1 results.

The company reported Q1 adjusted earnings late Thursday of $0.70 per diluted share, up from $0.60 a year earlier.

A single analyst polled by FactSet expected $0.66.

Revenue for the quarter ended March 31 was $213 million, up from $168.3 million a year earlier.

A single analyst surveyed by FactSet expected $208 million.

The company said it expects Q2 adjusted diluted EPS of $0.64 to $0.66. A single analyst surveyed by FactSet expects $0.65.

The company now expects 2025 adjusted diluted EPS of $2.40 to $2.56, compared with the prior outlook of $2.31 to $2.51. A single analyst polled by FactSet expects $2.49.

Price: 30.55, Change: +5.38, Percent Change: +21.37