Grand Canyon Education Inc expected to post earnings of $1.67 a share - Earnings Preview

Grand Canyon Education

03/05/2021 22:03

* Grand Canyon Education Inc  LOPE.OQ   LOPE.O  is expected to
show a rise in quarterly revenue when it reports results on May
5.
* The Phoenix, Arizona-based company is expected to report  a
6.0% increase in revenue to $234.972 million from $221.66
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Grand Canyon Education
Inc is for earnings of $1.67 per share. For the same quarter
last year, the company reported earnings of $1.53 per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 5 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had risen by about 0.1%
in the last three months.​
* Wall Street's median 12-month price target for Grand Canyon
Education Inc is $124​, about 12.7% above​ its last closing
price of $108.29. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  1.50        1.50       1.53      Beat    2.2
 Dec.          1.54​       1.54       1.63      Beat    5.8​
 31​ 2019​                                              
 Sep. 30 2019  1.14        1.14       1.24      Beat    8.5​
 Jun. 30 2019  0.94        0.94       1.09      Beat    16
 Mar. 31 2019  1.49        1.49       1.62      Beat    8.5
 This summary was machine generated May 3 at 21:03 GMT.  All
figures in US dollars unless otherwise stated