Grand Canyon Ed Inc Stock Price, News & Analysis

Grand Canyon Education (Nasdaq:LOPE) will announce its 2021 second quarter results on August 5, 2021, after the market closes. A conference call will follow at 1:30 PM PT to discuss these results in detail. Dial-in numbers for participants are provided, along with a link for a live webcast of the call and a replay option. The company, established in 2008, supports 27 university partners, offering a range of services aimed at enhancing academic experiences through technology and operational efficiencies.

Grand Canyon Education, Inc. (LOPE) reported a 6.9% increase in service revenue, reaching $236.9 million for Q1 2021, compared to $221.7 million in Q1 2020. This growth was driven by a 7.2% rise in university partner enrollments. Operating income rose to $84.2 million, with a net income increase of 9.4% to $78.1 million. However, revenue per student declined due to COVID-19 impacts, particularly at Grand Canyon University. The company forecasts full-year service revenue of $919.9 million and adjusted diluted EPS of $6.19.

Grand Canyon Education (Nasdaq: LOPE) will report its Q1 2021 earnings on May 5, 2021, after market close. A conference call is scheduled for the same day at 1:30 PM (4:30 PM ET) to discuss the results. Investors can access a live webcast and replay of the call. GCE provides comprehensive education services to 26 university partners, leveraging 30 years of industry expertise and technological solutions. For more information, visit www.gce.com.

Grand Canyon Education (LOPE) reported a strong fourth quarter for 2020, with service revenue rising to $238.3 million, an increase of 11.7% from 2019. This growth was driven by higher enrollments and revenue per student, particularly due to changes in academic schedule at Grand Canyon University (GCU). Net income surged 13.2% to $86.8 million, and diluted earnings per share increased to $1.86. For 2021, GCE forecasts net revenue of $925 million and adjusted diluted EPS of $6.19. However, COVID-19 impacts led to revenue declines in ancillary services and lower enrollments for GCU.

Grand Canyon Education, Inc. (Nasdaq:LOPE) will report its 2020 Q4 earnings on February 17, 2021, after market close. A conference call to discuss the results is scheduled for 2:30 PM (4:30 PM ET) on the same day. Interested parties can access the call via dial-in or listen to a live webcast. As a provider of education services to 25 university partners, GCE has extensive experience in the post-secondary education sector, offering various support services.

Grand Canyon Education, Inc. (LOPE) announced its Q3 2020 financial results, reporting service revenue of $198.4 million, a 2.6% increase year-over-year. Despite an increase in partner enrollments by 8.2% to 117,772, the company experienced challenges due to COVID-19, including a decline in revenue per student and operating income, which fell to $51.0 million. Net income decreased by 10.5% to $52.0 million. The company forecasts Q4 2020 net revenue of $236.0 million and a full-year projection of $841.8 million.

Grand Canyon Education (LOPE) announced it will release its 2020 third quarter results on November 5, 2020, after market close. A conference call will follow at 2:30 PM (4:30 PM ET) to discuss the earnings. Participants can access the call via dial-in numbers provided or through a live webcast. The company supports 25 university partners and has a strong presence in the education services sector, focused on various operational aspects for post-secondary education.

Grand Canyon Education, Inc. (NASDAQ: LOPE) announced its financial results for Q2 2020, reporting service revenue of $185.8 million, up 6.3% year-over-year. However, net income dropped 8.0% to $47 million, impacted by COVID-19-related revenue declines from its primary partner, GCU. Enrollment increased 8.2% to 98,326 students, significantly driven by Orbis Education. Operating income fell to $48.3 million, with a margin decline to 26.0%. Despite challenges, GCE's board increased its stock repurchase program by $50 million, totaling $300 million, aiming to boost shareholder value.

Grand Canyon Education, Inc. (Nasdaq: LOPE) announced it will report its 2020 second quarter results on August 4, 2020, after market close. A conference call to discuss these results will be held at 1:30 PM MST (4:30 PM ET) the same day. Interested parties can access a live webcast of the event and a replay will be available two hours after the call. GCE provides services to 25 university partners in various areas including marketing, enrollment management, and technical support, showcasing its significant role in the education sector.