Recap: Lincoln Educational Q1 Earnings

Shares of Lincoln Educational Servs LINC were unchanged at $2.55 after the company reported Q1 results.

Quarterly Results

Earnings per share increased 63.64% over the past year to ($0.08), which beat the estimate of ($0.18).

Revenue of $70,041,000 up by 10.71% year over year, which beat the estimate of $66,600,000.

Outlook

Lincoln Educational Servs hasn't issued any earnings guidance for the time being.

Lincoln Educational Servs hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: May 13, 2020

Time: 07:34 PM ET

Webcast URL: https://edge.media-server.com/mmc/p/w3kmjhyy

Recent Stock Performance

52-week high: $3.17

52-week low: $1.51

Price action over last quarter: down 7.94%

Company Overview

Lincoln Educational Services Corp provides diversified career-oriented post-secondary education to high school graduates and working adults. The company offers programs in automotive technology, skilled trades, healthcare services, hospitality services and business and information technology. Its business is organized into three reportable business segments; Transportation and Skilled Trades, Healthcare and Other Professions (HOPS), and Transitional. It derives most of the revenue from the Transportation and Skilled Trades segment which offers academic programs mainly in the career-oriented disciplines of transportation and skilled trades such as automotive, diesel, HVAC, welding and manufacturing.