Investors Ride 4 Earnings Rollercoaster Rides
Grand Canyon Education, Inc. (NASDAQ:LOPE) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 43.75% to $0.46 in the quarter versus EPS of $0.32 in the year-earlier quarter. Revenue rose 25.03% to $141.3 million from the year-earlier quarter.
Grand Canyon Education, Inc. reported adjusted EPS income of $0.46 per share. By that measure, the company beat the mean analyst estimate of $0.39. It beat the average revenue estimate of $137.92 million.