Ser Educacional S.A. reported mixed Q1 2026 results. Earnings per share (EPS) beat expectations at $0.5355 vs. $0.5109 forecast (4.82% surprise). However, revenue missed at $583.9 million vs. $591.91 million expected (-1.35% surprise). After-hours trading saw the stock drop 1.34% to $12.51.
The company showed strong financial discipline, with net income up over 70% year-over-year. Gross profit margin hit nearly 60%, and return on equity was 18%. The focus on on-campus undergraduate programs, especially medical schools, now accounts for 81% of total revenue, shifting away from lower-margin distance learning.
Despite the earnings beat, the stock fell 1.34% after-hours to $12.51. The current price of $11.90 reflects a 4.88% decline since the report. Bond.az analysis suggests the stock is undervalued with a P/E ratio of just 6.62. The company has a financial health score of 3.34/5 and a Piotroski Score of 8.
Ser Educacional continues to focus on operational efficiency. It plans to open five new units in 2026, mainly expansions of existing ones. Medical school expansion remains a priority, with injunctions progressing throughout the year.
