ITT Educational Services (ESI) Misses Q1 EPS by 2c; New Enrollment Fell 16.4%

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Go back to ITT Educational Services (ESI) Misses Q1 EPS by 2c; New Enrollment Fell 16.4%

ITT Educational Services, Inc. Reports 2016 First Quarter Results

April 29, 2016 6:30 AM EDT

CARMEL, Ind., April 29, 2016 /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 three months of 2016 decreased to $0.17 compared to $0.44 in the first three months of 2015.  New student enrollment in the first quarter of 2016 decreased 16.4% to 11,788 compared to 14,104 in the same period in 2015. Total student enrollment decreased 15.4% to 43,293 as of March 31, 2016 compared to 51,201 as of March 31, 2015.    

The company provided the following information for the three months ended March 31, 2016 and 2015:... More