Grand Canyon Education (LOPE) Scheduled to Post Quarterly Earnings on Wednesday
Grand Canyon Education (NASDAQ:LOPE) will announce its Q114 earnings results on Wednesday, April 30th. Analysts expect the company to announce earnings of $0.52 per share and revenue of $165.24 million for the quarter. Grand Canyon Education has set its Q1 guidance at $0.51 EPS and its FY14 guidance at $2.07 EPS.Parties interested in participating in the company’s conference call can do so using this link.
Grand Canyon Education (NASDAQ:LOPE) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.04. The company had revenue of $162.44 million for the quarter, compared to the consensus estimate of $159.10 million. On average, analysts expect Grand Canyon Education to post $2.10 EPS for the current fiscal year and $2.37 EPS for the next fiscal year.
Grand Canyon Education (NASDAQ:LOPE) opened at 41.91 on Tuesday. Grand Canyon Education has a 1-year low of $24.30 and a 1-year high of $51.12. The stock’s 50-day moving average is $46.06 and its 200-day moving average is $45.39. The company has a market cap of $1.930 billion and a P/E ratio of 22.60.
A number of analysts have recently weighed in on LOPE shares. Analysts at Ned Davis Research upgraded shares of Grand Canyon Education from a “neutral” rating to a “buy” rating in a research note on Monday, March 3rd. On a related note, analysts at Deutsche Bank raised their price target on shares of Grand Canyon Education from $47.00 to $49.00 in a research note on Friday, February 21st. Finally, analysts at CRT Capital initiated coverage on shares of Grand Canyon Education in a research note on Thursday, January 30th. They set a “buy” rating and a $63.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $47.41.
Provides online post-secondary education services focused on offering graduate and undergraduate degree programs in education, business, and healthcare.
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