Grand Canyon Education's Earnings: A Preview

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Grand Canyon Education LOPE announces its next round of earnings this Tuesday, August 04. Here is Benzinga's look at Grand Canyon Education's Q2 earnings report.

Earnings and Revenue

Analysts predict Grand Canyon Education will report earnings of $0.89 per share on revenue of $179.86 million. In the same quarter last year, Grand Canyon Education posted EPS of $1.090 on sales of $174.82 million. If the company were to report inline earnings when it publishes results Tuesday, earnings would be down 18.35%. Revenue would be up 18.64% from the same quarter last year. Grand Canyon Education's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate 1.50 1.54 1.14 0.94
EPS Actual 1.53 1.63 1.24 1.09
Revenue Estimate 221.07 M 213.97 M 191.73 M 173.50 M
Revenue Actual 221.66 M 213.25 M 193.29 M 174.82 M

Stock Performance

Over the past 52-week period, shares of Grand Canyon Education have declined 25.67%.

Considering these returns, long-term shareholders will likely be feeling unsatisfied going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Grand Canyon Education is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/rd42wqzi

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