Lincoln Educational Services(LINC)

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Lincoln Educational Services to Meet Analysts and Institutional Investors at the Southwest IDEAS Investor Conference
GlobeNewswire News Room· 2024-11-14 17:34
Core Insights - Lincoln Educational Services Corporation is participating in the 16th Annual Southwest IDEAS Investor Conference on November 21 and 22, 2024, where the President and CEO will present the company's recent performance and growth strategies [1][2]. Financial Performance - In the third quarter, the company reported a revenue growth of 15%, with student starts increasing by 21.1%, and adjusted EBITDA rising by 67% compared to the same quarter last year [2][3]. Growth Strategy - The company is focusing on key growth initiatives such as new campus development and program replication at existing campuses, which are contributing to its strong performance [3]. - There is a growing interest in skilled trades training as an alternative to traditional four-year college education, which is positively impacting the company's growth trajectory [3]. Company Overview - Lincoln Educational Services Corporation has been a leader in specialized technical training for over 75 years, offering career-oriented programs in areas such as automotive technology, health sciences, skilled trades, business and information technology, and hospitality services [4]. - The company operates 22 campuses across 13 states under various brand names, providing solutions to America's skills gap [4].
Surging Earnings Estimates Signal Upside for Lincoln Educational Services (LINC) Stock
ZACKS· 2024-11-13 18:26
Lincoln Educational Services Corporation (LINC) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong co ...
Here's Why Momentum in Lincoln Educational Services (LINC) Should Keep going
ZACKS· 2024-11-13 14:50
Core Viewpoint - The article emphasizes the importance of timing and sustainability in stock trends for successful short-term investing, highlighting that sound fundamentals and positive earnings revisions are crucial for maintaining momentum in stock prices [1][2]. Group 1: Stock Performance - Lincoln Educational Services Corporation (LINC) has shown a solid price increase of 44.3% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 35.3% in the last four weeks, suggesting that the upward trend is still intact [5]. - LINC is currently trading at 81.5% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - LINC holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like LINC that are on an uptrend supported by strong fundamentals [3]. - The article suggests that investors should consider other stocks that meet similar criteria and explore various Zacks Premium Screens tailored to different investing styles [8].
Lincoln Educational Services(LINC) - 2024 Q3 - Quarterly Report
2024-11-12 19:09
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |-----------------------------------------------------------------------------|----------------------------------------------------|--------------------------------- ...
Lincoln's Q3 Earnings Miss, Revenues Beat, Starts & Population Up Y/Y
ZACKS· 2024-11-12 17:00
Lincoln Educational Services Corporation (LINC) reported mixed results for third-quarter 2024. Its earnings missed the Zacks Consensus Estimate, but revenues topped the same.Nonetheless, both metrics increased year over year, driven by a 10.6% increase in the average student population. This uptick resulted from four consecutive quarters of double-digit start growth and the recently opened East Point, GA campus, which generated $3.4 million in revenues in the third quarter.Stay up-to-date with all quarterly ...
Lincoln Educational Services(LINC) - 2024 Q3 - Quarterly Results
2024-11-12 11:07
Exhibit 99.1 Lincoln Educational Services Reports Double Digit Growth in Revenue and Student Starts for the Third Quarter 2024 and Raises 2024 Outlook Conference Call Today at 10 a.m. Eastern Standard Time PARSIPPANY, N.J., November 11, 2024 – Lincoln Educational Services Corporation (Nasdaq: LINC) today announced financial and operating results for the third quarter ended September 30, 2024, as well as recent business developments. Third Quarter 2024 Financial Highlights & Recent Operating Developments* • ...
Lincoln Educational Services(LINC) - 2024 Q3 - Earnings Call Transcript
2024-11-11 22:13
Lincoln Educational Services Corporation (NASDAQ:LINC) Q3 2024 Earnings Call Transcript November 11, 2024 10:00 AM ET Company Participants Michael Polyviou - IR Scott Shaw - President and CEO Brian Meyers - CFO Conference Call Participants Alex Paris - Barrington Research Eric Martinuzzi - Lake Street Capital Markets Steven Frankel - Rosenblatt Securities Raj Sharma - B. Riley Operator Good day, and thank you for standing by. Welcome to the Third Quarter 2024 Lincoln Educational Services Earnings Conference ...
Lincoln Educational Services Corporation (LINC) Q3 Earnings Miss Estimates
ZACKS· 2024-11-11 15:15
Lincoln Educational Services Corporation (LINC) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.14%. A quarter ago, it was expected that this company would post a loss of $0.01 per share when it actually produced earnings of $0.06, delivering a surprise of 700%.Over the last four q ...
Lincoln Educational Services Reports Double Digit Growth in Revenue and Student Starts for the Third Quarter 2024 and Raises 2024 Outlook
GlobeNewswire News Room· 2024-11-11 13:00
PARSIPPANY, N.J., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced financial and operating results for the third quarter ended September 30, 2024, as well as recent business developments. Third Quarter 2024 Financial Highlights & Recent Operating Developments* Revenue increased by 15.0% to $114.4 millionStudent starts grew by 21.1%; quarter-end student population rose by 13.3%Net income of $4.0 million and adjusted EBITDA of $10.2 millionTotal liquidi ...
Lincoln Tech and Johnson Controls Partnership Delivers Over 500 Skilled Building Trade Hires Nationwide Since 2018
GlobeNewswire News Room· 2024-11-07 18:00
PARSIPPANY, NJ – November 7, 2024, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, has announced that its partnership with Johnson Controls has resulted in more than 500 job placements for skilled building trade graduates since 2018. At a recent series of recruiting events, more than 100 Lincoln Tech students received job offers from Johnson Controls, the global leader in smart, healthy and ...