Grand Canyon Education Inc. (LOPE) reported a profit of $86.7 million in its fourth quarter, translating to $3.14 per share, or an adjusted $3.21 per share. The for-profit education company also posted fourth-quarter revenue of $308.1 million. For the full year, the company had a profit of $216.2 million ($7.71 per share) on revenue of $1.11 billion.
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Grand Canyon Education: Q4 Earnings Snapshot
Grand Canyon Education Inc. (LOPE) reported a profit of $86.7 million in its fourth quarter, translating to $3.14 per share, or an adjusted $3.21 per share. The for-profit education company also posted fourth-quarter revenue of $308.1 million. For the full year, the company had a profit of $216.2 million ($7.71 per share) on revenue of $1.11 billion.