Phoenix Education Q3 Miss Sends Shares Tumbling Wednesday
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PHOENIX — Phoenix Education Partners reported fiscal third-quarter results on Tuesday for the quarter ended May 31, posting adjusted earnings per share of $1.43 and revenue of $271.8 million. Adjusted EBITDA declined to $78.1 million and GAAP net income was $39.2 million, while average total degreed enrollment rose slightly to 85,300 students.
The company issued fiscal 2026 revenue guidance of $1.02 billion to $1.025 billion with a midpoint of $1.0225 billion, below the cited analyst consensus; shares fell about 12.7% after the announcement. WTOP noted Zacks' lower estimates that showed a beat on their survey figures, and analysts and markets are assessing revisions this week.
More context
Timeline
- 1. Quarter ended May 31, 2026: Phoenix compiles Q3 performance data.
- 2. Early July 2026: Company prepares and finalizes Q3 financial release and guidance.
- 3. Tuesday, July 2026: Phoenix publicly reports Q3 results and issues fiscal 2026 revenue guidance.
- 4. Immediately after release: Market reacts with approximately 12.7% decline in PXED shares.
- 5. Following reaction: Analysts and data providers update estimates and coverage in the days after the release.
Why it matters
Phoenix Education's financial stumble could affect your wallet. If you own stock in the company, you've likely seen a drop in value. Keep an eye on your portfolio and consider talking to a financial advisor about your next steps.
Sources
JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.
