Barrington Research Comments on ITT Educational Services Earnings

Barrington Research provided color on ITT Educational Services

in a research report published today, following ITT Educational Services' earnings release. In the report, Barrington Research states, "With management reaffirming its very conservative 2012 guidance, we believe the worst case scenario has been outlined. As such, we believe 2012 could shape up to be a “beat and raise” year, particularly if it is able to land an economical new third-party private loan program, or is active repurchasing its shares, both of which we believe will happen." Shares of ITT Educational Services closed today at $63.75, down 8.14% from Wednesday's market close.