Grand Canyon Education Sees Q3 2024 Adj. EPS $1.35-$1.51 Vs $1.43 Est.; Revenue $236.5M-$244.0M Vs $240.417M Est.
Portfolio Pulse from Benzinga Newsdesk
Grand Canyon Education provided its Q3 2024 earnings forecast, expecting adjusted EPS to range between $1.35 and $1.51, compared to the estimated $1.43. Revenue projections are between $236.5M and $244.0M, against an estimate of $240.417M.
May 07, 2024 | 9:18 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Grand Canyon Education anticipates Q3 2024 adjusted EPS to be between $1.35 and $1.51, which brackets the consensus estimate of $1.43. Revenue is expected to be in the range of $236.5M to $244.0M, closely aligning with the $240.417M estimate.
Grand Canyon Education's earnings forecast for Q3 2024 suggests a performance in line with analyst expectations, indicating a neutral impact on the stock price. The EPS and revenue projections closely match or slightly exceed the consensus estimates, which could stabilize investor sentiment but is unlikely to cause significant price movement due to the alignment with expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90