Grand Canyon Education Q1 2024 Adj EPS $2.35 Beats $2.22 Estimate, Sales $274.675M Beat $272.317M Estimate
Portfolio Pulse from Benzinga Newsdesk
Grand Canyon Education (NASDAQ:LOPE) reported Q1 2024 adjusted EPS of $2.35, surpassing the $2.22 estimate, and sales of $274.675M, exceeding the $272.317M estimate. This represents a 17.5% increase in EPS and a 9.82% increase in sales from the same period last year.
May 07, 2024 | 8:19 pm
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Grand Canyon Education reported a significant beat on both earnings and sales estimates for Q1 2024, with EPS at $2.35 and sales at $274.675M.
The positive earnings and sales beat by Grand Canyon Education indicate strong financial health and operational efficiency, likely leading to increased investor confidence and potential stock price appreciation in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100