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.
Prepared by Christopher Adams and reviewed by editorial team.
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.
Phoenix Education's lower-than-expected revenue guidance is a red flag for investors. It's a reminder that even established companies can face financial hurdles. Worth forwarding if you know someone with shares in education companies.
Students and the University’s operations benefited from a slight enrollment increase to 85,300 students reported for the quarter.
Shareholders experienced an immediate market loss when PXED shares fell roughly 12.7% after the company missed analyst EPS and guidance expectations.
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Phoenix Education Q3 Miss Sends Shares Tumbling Wednesday
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