Grand Canyon Education, Inc. Provides Earnings Guidance for the Third Quarter, Fourth Quarter and Full Year of 2023
August 03, 2023 at 04:05 pm EDT
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Grand Canyon Education, Inc. provided earnings guidance for the third quarter, fourth quarter and full year of 2023. For the third quarter, the company expects service revenue of between $218.5 million and $220.5 million and Diluted EPS of between $0.99 and $1.04.
For the fourth quarter, the company expects service revenue of between $269.5 million and $274.5 million and diluted EPS of between $2.48 and $2.61.
For the full year, the company expects service revenue of between $948.7 million and $955.7 million and diluted EPS between $6.37 and $6.55.
Grand Canyon Education, Inc. is an education services company, which primarily serves colleges and universities. The Company has developed technological solutions, infrastructure and operational processes to provide services to its institutions on a large scale. It provides technology and academic services, which include learning management system (LMS), internal administration, infrastructure, support, program and curriculum, faculty and related training and development, class scheduling and skills and simulation lab sites. The Company provides counseling services and support, including admissions services, financial aid, counseling services, and field experience counseling. The Company provides marketing and communication services that include lead acquisition, digital communication strategies, brand identity advertising, media planning and strategy, video, data science and analysis. Its back-office services include finance and accounting, human resources, audit and procurement.
GRAND CANYON EDUCATION, INC. 
