Higher education company Grand Canyon Education (NASDAQ: LOPE) will be announcing earnings results this Wednesday after market close. Here’s what you need to know.

Grand Canyon Education beat analysts’ revenue expectations by 0.8% last quarter, reporting revenues of $289.3 million, up 5.3% year on year. It was a satisfactory quarter for the company, with EPS guidance for next quarter exceeding analysts’ expectations but a miss of analysts’ students estimates. It reported 127,779 students, up 5.8% year on year.

Is Grand Canyon Education a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Grand Canyon Education’s revenue to grow 5.9% year on year to $240.8 million, slowing from the 8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.38 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Grand Canyon Education has missed Wall Street’s revenue estimates twice over the last two years.

Looking at Grand Canyon Education’s peers in the education services segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Laureate Education delivered year-on-year revenue growth of 5%, beating analysts’ expectations by 1.5%, and Bright Horizons reported revenues up 9.2%, topping estimates by 1.1%. Laureate Education’s stock price was unchanged after the resultswhile Bright Horizons was up 10.4%.

Read our full analysis of Laureate Education’s results here and Bright Horizons’s results here.

There has been positive sentiment among investors in the education services segment, with share prices up 2.5% on average over the last month. Grand Canyon Education is down 4.9% during the same time and is heading into earnings with an average analyst price target of $213.33 (compared to the current share price of $171).

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.