Grand Canyon Education (LOPE) Tops Q1 EPS by 13c

Grand Canyon Education (NASDAQ: LOPE) reported Q1 EPS of $1.52, $0.13 better than the analyst estimate of $1.39. Revenue for the quarter came in at $275.7 million versus the consensus estimate of $274.13 million.

2018 Outlook

Q2 2018:

Net revenue of $235.0 million; Target Operating Margin 23.2%; Diluted EPS of $0.85 using 48.6 million diluted shares; student counts of 80,900

Q3 2018:

Net revenue of $254.0 million; Target Operating Margin 24.9%; Diluted EPS of $0.98 using 48.7 million diluted shares; student counts of 98,400

Q4 2018:

Net revenue of $291.0 million; Target Operating Margin 33.0%; Diluted EPS of $1.47 using 48.9 million diluted shares; student counts of 97,100

Full Year 2018:

Net revenue of $1,055.7 million; Target Operating Margin 28.8%; Diluted EPS of $4.82 using 48.7 million diluted shares

For earnings history and earnings-related data on Grand Canyon Education (LOPE) click here.

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