Lincoln Educational Services (LINC) to Release Quarterly Earnings on Thursday

Lincoln Educational Services (NASDAQ:LINC) is scheduled to issue its Q3 quarterly earnings data before the market opens on Thursday, November 14th. Analysts expect the company to announce earnings of $0.09 per share for the quarter. Lincoln Educational Services has set its FY 2019 guidance at EPS.

Lincoln Educational Services (NASDAQ:LINC) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.12) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.04. Lincoln Educational Services had a negative net margin of 1.54% and a negative return on equity of 11.61%. The company had revenue of $63.57 million for the quarter, compared to analysts’ expectations of $62.45 million. On average, analysts expect Lincoln Educational Services to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

LINC stock traded down $0.12 during midday trading on Tuesday, reaching $1.78. 157 shares of the company were exchanged, compared to its average volume of 7,559. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.61 and a current ratio of 0.64. Lincoln Educational Services has a 1-year low of $1.51 and a 1-year high of $3.34. The stock’s 50-day simple moving average is $2.13 and its 200 day simple moving average is $2.31. The company has a market cap of $47.94 million, a price-to-earnings ratio of -6.59, a price-to-earnings-growth ratio of 0.84 and a beta of 0.81.

LINC has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of Lincoln Educational Services from a “hold” rating to a “buy” rating and set a $2.25 price objective on the stock in a report on Wednesday, November 6th. ValuEngine raised shares of Lincoln Educational Services from a “hold” rating to a “buy” rating in a report on Monday, September 23rd. TheStreet raised shares of Lincoln Educational Services from a “d+” rating to a “c-” rating in a report on Monday, October 28th. Finally, Barrington Research reissued a “buy” rating and set a $4.30 price objective on shares of Lincoln Educational Services in a report on Tuesday, October 15th.

About Lincoln Educational Services

Lincoln Educational Services Corporation, together with its subsidiaries, provides various career-oriented post-secondary education services to high school graduates and working adults in the United States. The company operates in three segments: Transportation and Skilled Trades; Healthcare and Other Professions; and Transitional.

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Earnings History for Lincoln Educational Services (NASDAQ:LINC)

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