Grand Canyon Education Expects Q3 Service Revenue Of $238M - $240.5M (Est $241.02M), Adj, EPS $1.43 - $1.49 (Est $1.46)
Portfolio Pulse from Benzinga Newsdesk
Grand Canyon Education has provided guidance for Q3 service revenue between $238M and $240.5M, slightly below the estimated $241.02M. The company also expects EPS to be in the range of $1.37 to $1.43, compared to the estimated $1.46.
August 06, 2024 | 8:49 pm
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Grand Canyon Education's Q3 guidance for service revenue and EPS is slightly below market expectations, which may lead to a short-term negative impact on the stock price.
The company's guidance for both service revenue and EPS is slightly below market estimates. This could lead to a short-term negative reaction from investors as the expectations are not fully met.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100