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Grand Canyon Education (LOPE)
NASDAQ:LOPE
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
2.51Last Year’s EPS
2.35Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 19, 2025
|% Change Since: -1.26%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong growth in online and hybrid enrollments, successful expansion of nursing programs, and a robust stock repurchase program. However, these positives were offset by a slight decline in traditional campus enrollments, decreased operating margins, increased tax rates, and some regulatory and impairment challenges.Company Guidance
During the Q4 2024 earnings call for Grand Canyon Education, several key metrics were highlighted. Online enrollment grew by 7.1%, slightly exceeding long-term goals, while hybrid enrollment increased by 14.9% year-over-year, excluding closed sites. Service revenue reached $292.6 million, marking a 5.1% increase from the previous year, primarily driven by a 5% increase in Grand Canyon University (GCU) enrollments and a 9.8% rise in university partner enrollments at off-campus sites. Operating income was $100 million with a margin of 34.2%, and net income rose by 1.4% to $81.9 million. The company anticipates mid-to-high single-digit growth in online enrollments and low-to-mid teens growth for hybrid campuses throughout 2025. GCE also repurchased approximately 416,497 shares for $64.8 million in Q4, with plans to continue aggressive share buybacks. Looking forward, GCE expects a slight decrease in revenue per student due to various factors, including contract modifications, but overall margins are anticipated to expand in the latter half of 2025.Online Enrollment Growth
Online enrollment growth was 7.1% for the quarter, slightly exceeding long-term objectives, with new starts up in mid-single digits.
Hybrid Campus Enrollment Increase
Hybrid campus enrollment increased by 14.9% year-over-year, excluding closed sites, indicating strong growth in this segment.
Nursing Program Expansion
The ABSN program has shown success with a completion rate of high 80s and a first-time NCLEX pass rate of approximately 90%.
Service Revenue Growth
Service revenue was $292.6 million for Q4 2024, up 5.1% from the previous year, driven by increased enrollments and revenue per student.
Stock Repurchase Program
The company announced a $200 million increase in its stock repurchase program, indicating confidence in its financial position.
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LOPE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LOPE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 19, 2025 | $184.02 | $187.27 | +1.77% |
| Nov 06, 2024 | $160.15 | $163.54 | +2.12% |
| Aug 06, 2024 | $147.39 | $142.23 | -3.50% |
| May 07, 2024 | $139.78 | $147.08 | +5.22% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Grand Canyon Education (LOPE) report earnings?
Grand Canyon Education (LOPE) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Grand Canyon Education (LOPE) earnings time?
Grand Canyon Education (LOPE) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LOPE EPS forecast?
LOPE EPS forecast for the fiscal quarter 2025 (Q1) is 2.51.
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