Key Developments: Grand Canyon Education Inc (LOPE.O)
31.18USD
18 Jun 2013
$-0.50 (-1.58%)
$31.68
$31.76
$31.98
$30.76
418,054
378,569
$34.07
$15.80
Latest Key Developments (Source: Significant Developments)
Grand Canyon Education Inc Raises Q2, FY 2013 Revenue Guidance; Raises FY 2013 EPS Guidance; Reaffirms Q3, Q4 Guidance
Grand Canyon Education Inc announced that for the second quarter of 2013, it expects net revenue between $137.0 million and $138.5 million and diluted EPS between $0.39 and $0.40. For third quarter of 2013, it expects net revenue between $145.0 million and $147.0 million and diluted EPS between $0.43 and $0.44. For fourth quarter of 2013, it expects net revenue between $153.5 million and $156.0 million and diluted EPS between $0.48 and $0.49. For fiscal 2013, it expects net revenue between $577.5 million and $583.5 million and diluted EPS between $1.76 and $1.79. Full Article
Grand Canyon Education Inc Issues Q1 2013 Guidance; Revenue Guidance Above Estimates, Issues Q2, Q3 2013 Guidance; Issues Q4, FY 2013 Guidance; Revenue Guidance Above Analysts' Estimates
Grand Canyon Education Inc announced that for first quarter of 2013, it expects net revenue between $136.5 million and $138.5 million and diluted EPS between $0.38 and $0.39. For second quarter of 2013, it expects net revenue between $135.5 million and $137.5 million and diluted EPS between $0.39 and $0.40. For third quarter of 2013, it expects net revenue between $145.0 million and $147.0 million and diluted EPS between $0.43 and $0.44. For fourth quarter of 2013, it expects net revenue between $153.5 million and $156.0 million and diluted EPS between $0.48 and $0.49. For fiscal 2013, it expects net revenue between $570.5 million and $579.0 million and diluted EPS between $1.68 and $1.72. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $136 million and EPS of $0.39 for the first quarter of 2013; revenue of $136 million and EPS of $0.39 for the second quarter of 2013; revenue of $146 million and EPS of $0.44 for the third quarter of 2013; revenue of $153 million and EPS of $0.48 for the fourth quarter of 2013; and revenue of $569 million and EPS of $1.70 for fiscal 2013. Full Article
Grand Canyon Education Inc Issues Q4 2012 Guidance Above Analysts' Estimates; Raises FY 2012 Guidance
Grand Canyon Education Inc announced that for the fourth quarter of 2012, it expects net revenue between $135 million and $136 million and diluted EPS between $0.41 and $0.42. For fiscal 2012, the Company expects net revenue between $505 million and $506 million and diluted EPS between $1.49 and $1.50. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $129 million and EPS of $0.38 for the fourth quarter of 2012; and revenue of $492 million and EPS of $1.40 for fiscal 2012. Full Article
Grand Canyon Education, Inc. Raises Q3, FY 2012 Guidance; Reaffirms Q4 2012 Guidance
Grand Canyon Education, Inc. announced that for the third quarter of 2012, it expects net revenue to be between $124.5-$126.5 million and diluted EPS to be between $0.33 and $0.35. For the fourth quarter of 2012, it expects net revenue to be between $127-$130 million and diluted EPS to be between $0.36 and $0.39. For fiscal 2012, it expects net revenue to be between $488-$493 million and diluted EPS to be between $1.36 and $1.41. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $128.9 million and EPS of $0.38 for the fourth quarter of 2012; and revenue of $483 million and EPS of $1.28 for fiscal 2012. Full Article
Grand Canyon Education, Inc. Appoints New President-Form 8-K
Grand Canyon Education, Inc. reported in its Form 8-K that On July 26, 2012, the Board of Directors (Board) of Grand Canyon Education, Inc. (University), appointed Mr. Brian E. Mueller, the Company’s Chief Executive Officer (CEO), to the additional position of President, effective September 1, 2012. In that position, Mr. Mueller replaces Dr. Kathy Player, who, effective September 1, 2012, has accepted the position of Associate Provost. Full Article
Grand Canyon Education, Inc. Raises Q2, FY 2012 Guidance; Reaffirms Q3, Q4 2012 Guidance
Grand Canyon Education, Inc. announced that for second quarter of 2012, it expects net revenue between $113.5 million and $115.5 million and diluted EPS between $0.26 and $0.27. For the third quarter of 2012, the Company expects net revenue between $120 million and $123 million and diluted EPS between $0.30 and $0.32. For the fourth quarter of 2012, it expects net revenue between $127 million and $130 million and diluted EPS $0.36 and $0.39. For fiscal 2012, the Company expects, net revenue between $478 million and $486 million and diluted EPS between $1.24 and $1.30. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $113.7 million and EPS of $0.25 for the second quarter of 2012; revenue of $121.7 million and EPS of $0.31 for the third quarter of 2012; revenue of $128.8 million and EPS of $0.38 for the fourth quarter of 2012; and revenue of $478 million and EPS of $1.21 for fiscal 2012. Full Article
Grand Canyon Education, Inc. Issues Q1 2012 Guidance; Q2 2012 Guidance Below Estimates; Issues Q3, FY 2012 Guidance; EPS Guidance Below Estimates; Issues Q4 2012 Guidance; EPS Guidance Above Estimates
Grand Canyon Education, Inc. announced that for first quarter of 2012, it expects net revenue between $112.5 million and $114.5 million and diluted EPS between $0.26 and $0.27. For second quarter of 2012 it expects net revenue between $112.5 million and $114.5 million and diluted EPS between $0.24 and $0.26. For the third quarter of 2012 it expects net revenue between $120 million and $123 million and diluted EPS between $0.30 and $0.32. For the fourth quarter of 2012, it expects net revenue between $127 million and $130 million and diluted EPS $0.36 and $0.39. For fiscal 2012, the Company expects, net revenue between $472 million and $482 million and diluted EPS between $1.16 and $1.24. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $114.1 million and EPS of $0.27 for the first quarter of 2012; revenue of $115.1 million and EPS of $0.32 for the second quarter of 2012; revenue of $121 million and EPS of $0.33 for the third quarter of 2012; revenue of $129 million and EPS of $0.35 for the fourth quarter of 2012; revenue of $479 million and EPS of $1.27 for fiscal 2012. Full Article
Grand Canyon Education, Inc. Issues Q4 2011 Revenue Guidance In Line With Analysts' Estimates
Grand Canyon Education, Inc. announced that for the fourth quarter of 2011, it expects revenue to be between $112 million and $116 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $116 million for the fourth quarter of 2011. Full Article
Grand Canyon Education, Inc. Announces Increase in Stock Repurchase Program
Grand Canyon Education, Inc. announced that the Company's Board of Directors has increased the authorization under its existing stock repurchase program by $25,000,000 to a total of $50,000,000. The Company had less than $1,900,000 left under its original $25,000,000 authorization. The new authorization allows the Company to repurchase from time to time at management's discretion up to an additional $25,000,000 of the Company's common stock during the period ending September 30, 2012, unless such period is extended or shortened by the Board of Directors. As of July 29, 2011, the Company had 44,294,925 million shares of common stock outstanding. Full Article
Grand Canyon Education, Inc. Reaffirms H2 2011 Revenue Guidance
Grand Canyon Education, Inc. reaffirmed that it expects a year over year basis revenue to grow between 13% and 15% in the second half of 2011. The Company reported revenue of $98.95 million in third quarter of 2010 and revenue of $100.03 million in fourth quarter of 2010. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $109.19 million in the third quarter of 2011; revenues of $114.97 million for the fourth quarter of 2011. Full Article
Earnings vs. 
Estimates
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