ITT Educational Services (ESI) Misses Q2 EPS by 7c; Appoints Interim CFO

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ITT Educational Services, Inc. Reports 2015 Second Quarter Results And Announces Executive Leadership Developments

July 30, 2015 7:30 AM EDT

CARMEL, Ind., July 30, 2015 /PRNewswire/ -- ITT Educational Services, Inc. (NYSE: ESI), a leading provider of technology-oriented postsecondary degree programs, today reported that diluted earnings per share in the first six months of 2015 increased to $0.47 compared to $0.17 in the first six months of 2014.  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. 

The company provided the following information for the three and six months ended June 30, 2015 and 2014:... More