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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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.
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