Lincoln Educational Services Corp (LINC) Releases Earnings Results, Reports EPS of $-0.26 EPS

Lincoln Educational Services Corp (LINC) reported quarterly earnings results on Thursday, May-5-2016. The company reported $-0.26 EPS for the quarter. Analysts had a consensus estimate of $-0.26. The company posted revenue of $43.40 million in the period, compared to analysts expectations of $43.55 million. The company’s revenue was down -9.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.30 EPS.

Lincoln Educational Services Corp closed down -0.11 points or -5.37% at $1.94 with 24,409 shares getting traded on Wednesday. Post opening the session at $2.03, the shares hit an intraday low of $1.92 and an intraday high of $2.04 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Jun 16, 2015, Shaun Mcalmont (CEO) sold 24,085 shares at $2.63 per share price.

Lincoln Educational Services Corporation is a provider of career-oriented post-secondary education. The Company offers recent high school graduates and working adults degree and diploma programs in five areas of study: automotive technology health sciences skilled trades hospitality services and business and information technology. The Company’s schools operate under the Lincoln Technical Institute Lincoln College of Technology Lincoln College of New England Lincoln Culinary Institute and Euphoria Institute of Beauty Arts and Sciences brand names. As of December 31 2014 the Company operated 31 campuses in 15 states. As of December 31 2014 the Company had 13278 students enrolled. As of December 31 2014 all of its schools offer diploma and certificate programs 14 of its schools are approved to offer associate’s degree programs and two schools are approved to offer bachelor’s degree programs.

Lincoln Educational Services Corp

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