Lincoln Educational Services (NASDAQ: LINC) reported Q3 EPS of ($0.06), $0.07 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $67.3 million versus the consensus estimate of $67.57 million.

• Total Revenue of $67.3 Million; Transportation & Skilled Trades Segment $47.7 Million, Healthcare and Other Professions Segment $18.4 Million, and Transitional Segment $1.2 Million for the Three Months Ended September 30, 2017
• Revenue for both the Transportation and Skilled Trades Segment and the HOPS Segment Down Less than 1% for the Three Months Ended September 30, 2017 Compared to Prior Year Comparable Period
• Excluding the Transitional Segment, Company Would Have Generated Net Income for the Three Months Ended September 30, 2017
• Completed Sale of Two West Palm Beach, Florida Properties Resulting in a $1.5 Million Gain and Net Proceeds of $15.3 Million
• Reduced Debt Obligations by $15.5 Million to $17.5 million compared to June 30, 2017
• Final 2014 Three-Year Cohort Default Rates of 10.3%; 2% Lower than Prior Year and Lower than Industry Average
• The Company Reiterates Previously Provided Guidance

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