Career Education Corporation Reports Results for Third Quarter 2015

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Go back to Career Education Corporation Reports Results for Third Quarter 2015

Career Education (CECO) Post Q3 Loss of $0.67/Share

November 4, 2015 7:39 AM EST

Career Education (NASDAQ: CECO) reported Q3 EPS of ($0.67), which may not compare to the analyst estimate of ($0.37). Revenue for the quarter came in at $162.1 million versus the consensus estimate of $170.9 million.

During the third quarter we saw a continuation of positive trends in our operating performance that have resulted from the successful implementation of our transformation initiatives. Cost reductions and previously announced restructuring actions are meeting our expectations and continue to position the Company to achieve sustained long-term... More