What To Expect From Lincoln Educational’s (LINC) Q3 Earnings

Core Insights - Lincoln Educational is set to report earnings, with analysts expecting a revenue growth of 14.9% year on year to $131.5 million, aligning with the previous year's growth of 14.8% [2] - The company has a strong track record of exceeding revenue expectations, averaging a 3.4% beat over the past two years [3] Financial Performance - Last quarter, Lincoln Educational reported revenues of $116.5 million, a 13.2% increase year on year, and beat analysts' revenue expectations by 0.5% [1] - The company had 14,356 enrolled students, remaining flat year on year [1] - Adjusted earnings for the upcoming quarter are anticipated to be $0.12 per share [2] Market Context - Peers in the education services segment, such as Strategic Education and Bright Horizons, have reported positive results, with revenue growth of 4.6% and 11.6% respectively, indicating a favorable market environment [4] - Lincoln Educational's share price has decreased by 12.5% over the past month, while the average analyst price target stands at $26.20 compared to the current share price of $18.63 [5]