Lincoln Educational Services Corporation (NASDAQ:LINC) provider of career-oriented post-secondary education services, is reporting second quarter earnings results on Tuesday 11th August 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.14 per share.
For the full year, analysts predict revenues of $ 281.03 million, while looking forward to income of $ 0.07 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 281.54 million ~ $ 287.01 million
Click Here For More Historical Outlooks Of Lincoln Educational Services Corporation
Previous Quarter Performance
Lincoln Educational Services Corporation recorded loss for the first quarter of $ 0.08 per share, from the revenue of $ 70.04 million. The quarterly revenues raised 10.72 percent compared with the same quarter last year. Street analysts expected Lincoln Educational Services Corporation to report loss of $ 0.18 per share on revenue of $ 66.60 million for the first quarter. The bottom line results beat street analysts by $ 0.1 or 55.56 percent, at the same time, top line results outshined analysts by $ 3.44 million or 5.17 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of LINC was $ 5.34, representing a 235.85 % increase from the 52 week low of $ 1.59 and a 19.34 % decrease over the 52 week high of $ 6.62.
The company has a market capital of $ 140.79 million and is part of the Consumer Defensive sector and Education & Training Services industry.
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Conference Call
Lincoln Educational Services Corporation will be hosting a conference call at 10:00 AM eastern time on 11th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.lincolntech.edu
Lincoln Educational Services Corporation, together with its subsidiaries, provides various career-oriented post-secondary education services to high school graduates and working adults in the United States. The company operates in three segments: Transportation and Skilled Trades; Healthcare and Other Professions; and Transitional. It offers associates degree, and diploma and certificate programs in automotive technology, skilled trades, healthcare services, hospitality services, and information technology areas.
