Grand Canyon Education (LOPE) reported first quarter net income of $0.32 per share after the bell Monday, up from $0.21 per share last year. The consensus estimate was for EPS of $0.26. The company expects to report second quarter EPS of $0.26 to $0.27 and between $1.24 and $1.30 for the full year. The consensus estimates are for EPS of $0.25 and $1.21.
Grand Canyon Education gapped open higher Tuesday and climbed in early trade, but settled into a range for the majority of the day. Shares closed up by 1.95 at $17.98 on the highest volume of the year. The stock rose to a one-month high and re-crossed its 50-day moving average.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.