Grand Canyon Education Sees Q1 2024 Adj. EPS $2.20-$2.23 Vs $2.23 Est.; Revenue $271.5M-$273.0M Vs $266.874M Est.
Portfolio Pulse from Benzinga Newsdesk
Grand Canyon Education announced its Q1 2024 adjusted EPS forecast to be between $2.20 and $2.23, compared to the estimated $2.23. The company also expects revenue to be between $271.5M and $273.0M, surpassing the estimated $266.874M.
February 13, 2024 | 9:16 pm
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Grand Canyon Education forecasts Q1 2024 adjusted EPS of $2.20-$2.23, slightly below or at estimates, with higher-than-expected revenue of $271.5M-$273.0M.
The EPS forecast being slightly below or at the estimated value might not significantly impact the stock price. However, the higher-than-expected revenue forecast could indicate strong performance, potentially balancing any negative sentiment from the EPS forecast.
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