earnings
confidence high
sentiment positive
materiality 0.80
Grand Canyon Education Q4 rev up 5.5% to $251.4M; EPS $2.15; guides FY22 rev $905-930M
Grand Canyon Education, Inc.
2021-FY EPS reported
$5.92
revenue$896,564,000
- Q4 service revenue $251.4M (+5.5% YoY); operating income $102.4M; diluted EPS $2.15 (vs $1.86).
- Partner enrollments down 3.0% to 112,554; GCU online -5.5%, ground +9.9% vs Q4 2020.
- Full-year 2021 service revenue $896.6M (+6.2%); diluted EPS $5.92; adjusted EPS $6.00.
- Board increased share repurchase authorization by $175M in Jan 2022; $595.4M available as of Jan 2022.
- FY22 guidance: revenue $905-930M, adjusted diluted EPS $5.58-$6.18; Q1 2022 rev $241.5-242.5M.