Grand Canyon Education Q3 revenue $238.3M, +7.4% YoY; EPS $1.42 vs $1.19

Grand Canyon Education, Inc.

2024-Q3 EPS reported $4.91 revenue$740,429,000

Service revenue $238.3M (+7.4% YoY); operating income $48.2M (+16% YoY).
Net income $41.5M (+16% YoY); diluted EPS $1.42; adjusted diluted EPS $1.48.
Partner enrollments 127,977 (+3.9% YoY); GCU online enrollments 98,345 (+5.8%).
Full-year 2024 guidance: revenue $1,029.4-$1,030.4M; diluted EPS $7.76-$7.79.
Q4 2024 guidance: revenue $289-$290M; diluted EPS $2.86-$2.89; adjusted EPS $2.92-$2.95.

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