ITT Educational Services (ESI) Tops Q2 EPS by 22c

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ITT Educational Services, Inc. Reports 2016 Second Quarter Results

July 28, 2016 6:30 AM EDT

CARMEL, Ind., July 28, 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 six months of 2016 was $0.35, compared to $0.47 in the first six months of 2015.  New student enrollment in the second quarter of 2016 decreased 21.6% to 9,910 compared to 12,638 in the same period in 2015. Total student enrollment decreased 16.4% to 40,015 as of June 30, 2016 compared to 47,874 as of June 30, 2015.

The company provided the following information for the three and six months ended June 30, 2016 and 2015:... More

Most of the Nation's Drafting Graduates Attended ITT Technical Institute

July 26, 2016 10:10 AM EDT

CARMEL, Ind., July 26, 2016 /PRNewswire/ -- Most of the nation's graduates with associate degrees in drafting specialties, such as Computer Drafting and Design, and Drafting and Design Technology, were awarded their degrees from ITT Technical Institute.

According to federal data provided for the 2013-2014 school year, 39.8 percent of graduates with associate degrees in Drafting and Design Technology or Computer Drafting and Design earned their degrees at ITT Tech. The next postsecondary institution with similar degree programs graduated just over 2.8 percent of students, according to the most current data from the National Center for Education Statistics' Integrated... More