Grand Canyon Education News

Brian Roberts has been appointed general counsel for Grand Canyon Education Inc., according to a filing today with the U.S. Securities and Exchange Commission.

Grand Canyon Education, Inc. : Barrington increased its target on Grand Canyon after the company reported stronger than expected Q1 results.

In trading on Tuesday, education & training services shares were relative leaders, up on the day by about 0.2%. Leading the group were shares of Grand Canyon Education , up about 16.7% and shares of Corinthian Colleges up about 3.8% on the day.

Buoyed a strong wave of new students, the parent of Grand Canyon University reported a 53 percent bump in quarterly profits and projected that the Phoenix-based education company could pull in more revenue than expected this year.

PHOENIX, May 7, 2012 /PRNewswire/ -- Grand Canyon Education, Inc. , a regionally accredited provider of online and campus-based post-secondary education services, today announced financial results for the quarter ended March 31, 2012.

The company, which provides online and campus-based post-secondary education services, expects 2012 profit of $1.24 to $1.30 per share and revenue of $478 million to $486 million.