Grand Canyon Education Inc expected to post earnings of $1.70 a share - Earnings Preview

Grand Canyon Education

03/05/2022 03:03

* Grand Canyon Education Inc  LOPE.OQ   LOPE.O  is expected
to show a rise in quarterly revenue when it reports  results on
May 4. 
    * The Phoenix Arizona-based  company is expected to report 
a
2.0% increase in revenue to $241.778 million from $236.93
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Grand Canyon
Education
Inc is for earnings of $1.70 per share. For the same quarter
last year, the company reported earnings of $1.72 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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 $92​, below​ its last closing price of $96.32.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  2.11        2.11       2.11      Met     -0.2
 Sep. 30 2021  1.14        1.14       1.11      Missed  -2.6
 Jun. 30 2021              1.09       1.12      Beat    2.8​
 Mar. 31 2021  1.67        1.67       1.72      Beat    3
 ​​Dec.        1.78        1.79       1.89      Beat    5.8
 31 2020                                                
 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
 This summary was machine generated May 3 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated