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Grand Canyon Education: Q2 Earnings Insights

Benzinga Insights
·1 min read

Shares of Grand Canyon Education (NASDAQ:LOPE) moved higher by 3.8% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 5.50% over the past year to $1.03, which beat the estimate of $0.89.

Revenue of $185,768,000 up by 6.26% from the same period last year, which beat the estimate of $179,860,000.

Looking Ahead

Grand Canyon Education hasn't issued any earnings guidance for the time being.

Grand Canyon Education hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Aug 04, 2020

View more earnings on LOPE

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/rd42wqzi

Recent Stock Performance

Company's 52-week high was at $132.72

Company's 52-week low was at $57.89

Price action over last quarter: Up 2.80%

Company Description

Grand Canyon Education Inc is an American for-profit educational company that operates a private university in Phoenix, Arizona, as well as online educational programs. The company offers undergraduate and postgraduate degree programs, including business, education, nursing and health, and liberal arts. Grand Canyon Education's on-campus program enrolls approximately 15,000 students, while its online program enrolls over 50,000 students. The university's undergraduate programs enroll approximately 60% of its overall student base and is the largest revenue driver for the company.

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