Lincoln Educational Services (LINC) Tops Q4 EPS by 1c, Offers Guidance

Lincoln Educational Services (NASDAQ: LINC) reported Q4 EPS of $0.27, $0.01 better than the analyst estimate of $0.26. Revenue for the quarter came in at $91.2 million versus the consensus estimate of $89.69 million.

GUIDANCE:

Lincoln Educational Services sees FY2023 revenue of $345-360 million, versus the consensus of $352 million.

• Student start growth in the range of 5% to 10%
• Adjusted EBITDA* in the range of $19 million to $24 million
• Adjusted Net income* in the range of $7 million to $11 million
• Capital expenditures in the range of $35 million to $40 million

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

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