Grand Canyon Education (LOPE) Set to Announce Quarterly Earnings on Tuesday

Grand Canyon Education (NASDAQ:LOPE - Get Free Report) is set to issue its quarterly earnings data after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of $2.22 per share for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

Grand Canyon Education (NASDAQ:LOPE - Get Free Report) last posted its quarterly earnings data on Tuesday, February 13th. The company reported $2.77 EPS for the quarter, beating analysts' consensus estimates of $2.72 by $0.05. The business had revenue of $278.28 million for the quarter, compared to analyst estimates of $275.00 million. Grand Canyon Education had a net margin of 21.33% and a return on equity of 31.75%. On average, analysts expect Grand Canyon Education to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Grand Canyon Education Stock Down 1.7 %

LOPE traded down $2.21 during trading on Tuesday, reaching $130.02. The stock had a trading volume of 209,738 shares, compared to its average volume of 198,205. Grand Canyon Education has a 1-year low of $99.65 and a 1-year high of $144.94. The firm has a market capitalization of $3.90 billion, a price-to-earnings ratio of 19.12, a price-to-earnings-growth ratio of 1.15 and a beta of 0.59. The stock has a 50 day moving average of $132.57 and a two-hundred day moving average of $131.61.

Wall Street Analyst Weigh In

Separately, Barrington Research reaffirmed an "outperform" rating and issued a $160.00 price objective on shares of Grand Canyon Education in a research note on Thursday, April 18th.

Insider Transactions at Grand Canyon Education

In other news, CTO Dilek Marsh sold 1,500 shares of the business's stock in a transaction on Monday, March 18th. The stock was sold at an average price of $132.65, for a total transaction of $198,975.00. Following the sale, the chief technology officer now directly owns 25,674 shares of the company's stock, valued at $3,405,656.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.00% of the company's stock.

Grand Canyon Education Company Profile

Grand Canyon Education, Inc provides education services to colleges and universities in the United States. It offers technology services, including learning management system, internal administration, infrastructure, and support services; academic services, such as program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support services comprising admission, financial aid, and field experience and other counseling services.