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Grand Canyon Education, Inc. (LOPE) Tops Q1 EPS by 4c, Offers Guidance

April 30, 2014 4:48 PM EDT

Grand Canyon Education, Inc. (NASDAQ: LOPE) reported Q1 EPS of $0.56, $0.04 better than the analyst estimate of $0.52. Revenue for the quarter came in at $167.4 million versus the consensus estimate of $165.24 million.

Grand Canyon Education, Inc. sees FY2014 EPS of $2.15. Grand Canyon Education, Inc. sees FY2014 revenue of $672.2 million.

2014 Outlook by Quarter

Q2 2014:

Net revenue of $155.5 million; Target Operating Margin 22.7%; Diluted EPS of $0.44 using 47.5 million diluted shares; student counts of 56,500

Q3 2014:

Net revenue of $167.7 million; Target Operating Margin 24.7%; Diluted EPS of $0.52 using 47.8 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 $672.2 million; Target Operating Margin 25.4%; Diluted EPS of $2.15 using 47.6 million diluted shares

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



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