ITT Educational Services, Inc. Reports 2015 Second Quarter Results And Announces Executive Leadership Developments
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ITT Educational Services (ESI) Misses Q2 EPS by 7c; Appoints Interim CFO
July 30, 2015 7:39 AM EDTITT Educational Services (NYSE: ESI) reported Q2 EPS of $0.03, $0.07 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $214.2 million versus the consensus estimate of $211.6 million.
Enrollment:
New student enrollment in the second quarter of 2015 decreased 18.6% to 12,638 compared to 15,523 in the same period in 2014. Total student enrollment decreased 13.7% to 47,874 as of June 30, 2015 compared to 55,485 as of June 30, 2014.
Other Items:
Based on various assumptions, including the historical and projected performance and collection of the student loans held by the... More
