Grand Canyon Education Sees FY24 Adj. EPS $7.57-$8.04 Vs $7.65 Est.; Revenue $1.020B-$1.041B Vs $1.030B Est.
Portfolio Pulse from Benzinga Newsdesk
Grand Canyon Education provided its FY24 earnings and revenue guidance, expecting adjusted EPS to range between $7.57 and $8.04, compared to the estimated $7.65. Revenue projections are between $1.020 billion and $1.041 billion, against an estimate of $1.030 billion.
May 07, 2024 | 9:18 pm
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Grand Canyon Education expects FY24 adjusted EPS to be $7.57-$8.04, surpassing the consensus estimate of $7.65. Revenue is projected to be between $1.020 billion and $1.041 billion, closely aligning with the $1.030 billion estimate.
Grand Canyon Education's FY24 earnings and revenue guidance exceed the consensus EPS estimate and closely match revenue expectations, indicating a positive outlook for the company's financial performance. This is likely to be viewed favorably by investors, potentially leading to a short-term increase in LOPE's stock price.
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