Lincoln Educational Services(LINC)

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Surging Earnings Estimates Signal Upside for Lincoln Educational Services (LINC) Stock
ZACKS· 2024-11-13 18:26
Core Viewpoint - Lincoln Educational Services Corporation (LINC) shows a significantly improving earnings outlook, making it a potentially solid investment choice as analysts continue to raise earnings estimates for the company [1][2]. Estimate Revisions - The upward trend in earnings estimate revisions indicates growing analyst optimism regarding Lincoln Educational Services' earnings prospects, which is expected to positively influence its stock price [2]. - For the current quarter, the earnings estimate is $0.29 per share, reflecting a decrease of 9.38% compared to the previous year. However, the Zacks Consensus Estimate has increased by 16% over the last 30 days due to one upward revision and no negative revisions [4]. - For the full year, the earnings estimate stands at $0.54 per share, representing a 10.2% increase from the previous year. The consensus estimate has risen by 5.88% in the past month, with one upward revision and no negative revisions [5]. Zacks Rank - Lincoln Educational Services has achieved a Zacks Rank of 2 (Buy), indicating favorable estimate revisions that suggest strong potential for outperformance compared to the S&P 500 [6]. - The Zacks Rank system has a proven track record, with Zacks 1 (Strong Buy) stocks averaging an annual return of +25% since 2008, highlighting the effectiveness of this rating tool [3][6]. Stock Performance - Over the past four weeks, Lincoln Educational Services shares have increased by 35.3%, indicating investor confidence in the company's earnings growth prospects driven by positive estimate revisions [7].
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 ...
Lincoln Educational Services (LINC) Soars 9.1%: Is Further Upside Left in the Stock?
ZACKS· 2024-11-07 15:50
Lincoln Educational Services Corporation (LINC) shares rallied 9.1% in the last trading session to close at $15.09. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 15.4% gain over the past four weeks.This leading education stock gained on the expectations that some of the regulatory pressure on the industry will be eased after President-elect Donald Trump begins his term in January 2025.This company is expect ...