PHOENIX (AP) — PHOENIX (AP) — Grand Canyon Education Inc. (LOPE) on Thursday reported fourth-quarter earnings of $71 million.
On a per-share basis, the Phoenix-based company said it had profit of $2.30. Earnings, adjusted for one-time gains and costs, were $2.36 per share.
The for-profit education company posted revenue of $258.7 million in the period.
For the year, the company reported profit of $184.7 million, or $5.73 per share. Revenue was reported as $911.3 million.
For the current quarter ending in March, Grand Canyon Education said it expects revenue in the range of $249 million to $250 million.
The company expects full-year earnings to be $5.90 to $6.47 per share, with revenue ranging from $939 million to $965 million.
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