Why Phoenix Education Partners Dived by Almost 13% Today

Phoenix Education Partners (PXED) stock plummeted nearly 13% after reporting disappointing Q3 fiscal 2026 earnings. While net revenue of $272 million met expectations, the company missed on profitability with adjusted earnings of $1.43 per share versus analyst estimates of $1.57. Student enrollment growth remained flat, and rising advertising and restructuring costs pressured margins.