Grand Canyon Education, Inc. (NASDAQ:LOPE) is set to announce second quarter earning results on Tuesday 4th August 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, LOPE to report 2Q20 income of $ 0.89 per share.
For the full year, analysts anticipate top line of $ 837.25 million, while looking forward to income of $ 5.35 per share bottom line.
The Company Outlook
Earnings for 2Q20 are anticipated in a range of $ 0.89 ~ $ 0.89 per share, while revenues are expected in a range of $ 179.70 million ~ $ 179.70 million
Full Year 2020 topline are forecasted in a range of$ 856.00 million ~ $ 856.00 million, where as bottomline are predicted in a range of $ 5.58 ~ $ 5.58 per share
Click Here For More Historical Outlooks Of Grand Canyon Education, Inc.
Previous Quarter Performance
Grand Canyon Education, Inc. communicated income for the first quarter of $ 1.53 per share, from the revenue of $ 221.66 million. The quarterly earnings down 5.56 percent while revenues surged 13.33 percent compared with the same quarter last year.
The consensus estimates are income of $ 1.50 per share from $ 221.07 million in revenue. The bottom line results beat street analysts by $ 0.03 or 2.00 percent, at the same time, top line results outshined analysts by $ 0.59 million or 0.27 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Grand Canyon Education, Inc.
Stock Performance
According to the previous trading day, closing price of LOPE was $ 91.49, representing a 58.04 % increase from the 52 week low of $ 57.89 and a 31.07 % decrease over the 52 week high of $ 132.72.
The company has a market capital of $ 4.33 billion and is part of the Consumer Defensive sector and Education & Training Services industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”LOPE” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Conference Call
Grand Canyon Education, Inc. will be hosting a conference call at 4:30 PM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.gce.com
Grand Canyon Education, Inc. provides education services in the United States. It offers technology and academic, counseling and support, and marketing and communication services, as well as back office services, such as financial aid processing, accounting, reporting, tax, human resources, and procurement services to the Grand Canyon University.
