On Thursday after the market close, for-profit education provider Grand Canyon Education LOPE posted a nice jump in total enrollments, revenue, and operating profit for the third quarter. The for-profit sector has been
(Reuters) - Grand Canyon Education Inc's quarterly profit beat analysts' expectations on higher enrollments and the company raised its full-year forecast.
manager Wally Weitz, who has long invested in distressed companies that he believes will eventually recover. Grand Canyon Education LOPE is a current example from the reviled for-profit education industry. Although the stock is down nearly 25
gains and move into better perceived opportunities. Another detractor from the consumer discretionary sector, Grand Canyon Education , was sold over concerns about enrollment growth as well as increased regulation of the for-profit education
efficiencies. Some of the names in this space include Education Management , Strayer , Capella , Lincoln , Grand Canyon Education , Apollo Group (owner of University of Phoenix), DeVry , ITT Education (owner of ITT Technical Institute
COCO, Career Education CECO, UTI UTI, ITT ESI, Lincoln LINC, Education Management EDMC, Bridgepoint BPI, Grand Canyon LOPE , and K12 LRN. We had been underestimating the regulatory threat to this industry, and we intend to incorporate more explicit
We are now moving that segment to high. This includes Apollo APOL, Bridgepoint BPI, Capella CPLA, DeVry DV, Grand Canyon LOPE , and Strayer STRA. In light of this week's earnings release from Apollo, we feel the uncertainty surrounding the industry