ITT Educational Services (ESI) Misses Q1 EPS by 2c; New Enrollment Fell 16.4%
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ITT Educational Services (NYSE: ESI) reported Q1 EPS of $0.17, $0.02 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $191.5 million versus the consensus estimate of $190.85 million.
New student enrollment in the first quarter of 2016 decreased 16.4% to 11,788 compared to 14,104 in the same period in 2015. Total student enrollment decreased 15.4% to 43,293 as of March 31, 2016 compared to 51,201 as of March 31, 2015.
For earnings history and earnings-related data on ITT Educational Services (ESI) click here.
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