Grand Canyon Education Earnings Miss, Analysts Revise Models

Grand Canyon Education, Inc. reported Q3 earnings per share of $0.58, a 66% miss, and revenues of $261m, in line with estimates. Analysts have updated their models, expecting revenues of $1.18b in 2026, an 8% increase, and EPS of $9.66, a 27% increase. The consensus price target remains at $231, with a range of estimates between $221 and $242. The analysts expect Grand Canyon Education's growth to accelerate, with a forecast 6.4% annualised growth to 2026, ranking favorably alongside historical growth of 5.1%.