Grand Canyon Education Q3 revenue rises 7.4% to $238.3 million; EPS $1.42
Grand Canyon Education reported third quarter 2024 service revenue of $238.3 million, up 7.4% from $221.9 million a year earlier, and diluted earnings per share of $1.42 versus $1.19. The company also issued fourth quarter and full year 2024 guidance, including full year diluted EPS of $7.76 to $7.79. Shareholders get a view of both growth in the quarter and the company's expected results for the rest of the year.
Key points
- Q3 2024 service revenue $238.3 million, up 7.4%; GCU enrollments 123,002 at September 30, 2024, up 4.0%
- Diluted EPS $1.42 vs $1.19; as adjusted diluted EPS $1.48 vs $1.26
- Q4 2024 guidance: service revenue $289.0 million to $290.0 million; diluted EPS $2.86 to $2.89
- Full year 2024 guidance: diluted EPS $7.76 to $7.79; cash, equivalents and investments $263.6 million at September 30, 2024
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.