Investing.com - Grand Canyon Education (NASDAQ:LOPE) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Grand Canyon Education announced earnings per share of $1.02 on revenue of $208.72. Analysts polled by Investing.com anticipated EPS of $0.98 on revenue of $213.21M.
Grand Canyon Education shares are down 18% from the beginning of the year, still down 14.40% from its 52 week high of $102.04 set on April 21.
Grand Canyon Education shares gained 0.74% in after-hours trade following the report.
Grand Canyon Education follows other major Consumer Discretionary sector earnings this month
Grand Canyon Education's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on October 19 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
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