Lincoln Educational Services (LINC) Misses Q4 EPS by 1c

Lincoln Educational Services (NASDAQ: LINC) reported Q4 EPS of $0.31, $0.01 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $67.4 million versus the consensus estimate of $67.58 million.

2018 GUIDANCE

• Management is providing the following guidance for 2018:
• Revenue is expected to increase by low single digits, excluding the 2017 Transitional segment, compared to the prior year.
• Operating Income for 2018 is expected to be in the range of breakeven and a loss of $3 million.
• Student starts are expected to increase by low single digits, excluding the 2017 Transitional segment, compared to prior year.
• Year-end population is expected to be greater than that of the prior year.

For earnings history and earnings-related data on Lincoln Educational Services (LINC) click here.

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