Grand Canyon Education (LOPE) Tops Q2 EPS by 4c, Offers Q3, Q4 Guidance
Grand Canyon Education, Inc. (NASDAQ: LOPE) reported Q2 EPS of $0.49, $0.04 better than the analyst estimate of $0.45. Revenue for the quarter came in at $158.6 million versus the consensus estimate of $156.18 million.Grand Canyon Education, Inc. reaffirmed FY2014 guidance.
2014 Outlook by Quarter
Q3 2014: | Net revenue of $169.0 million; Target Operating Margin 24.7%; Diluted EPS of $0.53 using 47.6 million diluted shares; student counts of 67,000 |
Q4 2014: | Net revenue of $181.6 million; Target Operating Margin 27.8%; Diluted EPS of $0.63 using 48.0 million diluted shares; student counts of 66,700 |
Full Year 2014: | Net revenue of $676.6 million; Target Operating Margin 25.7%; Diluted EPS of $2.21 using 47.4 million diluted shares |
Street sees FY EPS of $2.17 on revenue of $673.96M)
For earnings history and earnings-related data on Grand Canyon Education, Inc. (LOPE) click here.