Grand Canyon Education Inc expected to post earnings of $1.09 a share - Earnings Preview

Grand Canyon Education

03/08/2021 22:44

* Grand Canyon Education Inc  LOPE.OQ   LOPE.O  is expected
to show a rise in quarterly revenue when it reports results on
August 5. 
* The Phoenix, Arizona-based company is expected to report   a
8.6% increase in revenue to $201.798 million from $185.77
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Grand Canyon Education
Inc is for earnings of $1.09 per share. For the same quarter
last year, the company reported earnings of $1.03 per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 6 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Grand Canyon
Education Inc is $123​, about 25.1% above​ its last closing
price of $92.17. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  1.67        1.67       1.72      Beat    3
 Dec. 31 2020  1.78        1.79       1.89      Beat    5.8
 Sep. 30 2020  1.11        1.11       1.14      Beat    2.7​
 Jun. 30 2020  0.89        0.89       1.03      Beat    15.7
 Mar.          1.50​       1.50       1.53      Beat    2.2​
 31​ 2020​                                              
 Dec. 31 2019  1.54        1.54       1.63      Beat    5.8​
 Sep. 30 2019  1.14        1.14       1.24      Beat    8.5
 Jun. 30 2019  0.94        0.94       1.09      Beat    16
 This summary was machine generated August 3 at 21:44 GMT.  All
figures in US dollars unless otherwise stated