Grand Canyon Education EPS $1.19 Beats $1.09 Estimate, Revenue $221.9M Beats $219.6M Estimate
Portfolio Pulse from Benzinga Newsdesk
Grand Canyon Education reported earnings per share (EPS) of $1.19, beating the estimate of $1.09. The company also reported revenue of $221.9M, surpassing the estimate of $219.6M.
November 02, 2023 | 8:59 pm
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POSITIVE IMPACT
Grand Canyon Education, symbol LOPE, reported better than expected earnings and revenue, which could positively impact the stock price.
Companies that report earnings and revenue above estimates typically see a positive reaction in their stock price as this indicates better than expected performance. Therefore, it is likely that LOPE's stock price will increase in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100