Higher education company Grand Canyon Education (NASDAQ: LOPE) will be reporting results this Wednesday afternoon. Here’s what to look for.

Grand Canyon Education met analysts’ revenue expectations last quarter, reporting revenues of $261.1 million, up 9.6% year on year. It was a slower quarter for the company, with full-year EPS guidance missing analysts’ expectations significantly and a significant miss of analysts’ EPS estimates. It reported 132,486 students, up 7.7% year on year.

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

This quarter, analysts are expecting Grand Canyon Education’s revenue to grow 5.3% year on year to $308.1 million, in line with the 5.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $3.19 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Grand Canyon Education has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 1% on average.

Looking at Grand Canyon Education’s peers in the consumer discretionary - education services segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Universal Technical Institute delivered year-on-year revenue growth of 9.6%, beating analysts’ expectations by 1.6%, and Adtalem reported revenues up 12.4%, topping estimates by 2.6%. Universal Technical Institute traded down 11.2% following the results while Adtalem was also down 7%.

Read our full analysis of Universal Technical Institute’s results here and Adtalem’s results here.

Investors in the consumer discretionary - education services segment have had fairly steady hands going into earnings, with share prices down 1.7% on average over the last month. Grand Canyon Education is down 9.7% during the same time and is heading into earnings with an average analyst price target of $222.67 (compared to the current share price of $160.75).

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