Canada markets open in 5 hours 7 minutes
  • S&P/TSX

    20,714.48
    +13.98 (+0.07%)
     
  • S&P 500

    4,070.56
    +10.13 (+0.25%)
     
  • DOW

    33,978.08
    +28.68 (+0.08%)
     
  • CAD/USD

    0.7498
    -0.0017 (-0.22%)
     
  • CRUDE OIL

    79.36
    -0.32 (-0.40%)
     
  • BTC-CAD

    31,164.59
    +21.38 (+0.07%)
     
  • CMC Crypto 200

    528.65
    +11.65 (+2.25%)
     
  • GOLD FUTURES

    1,938.80
    -6.80 (-0.35%)
     
  • RUSSELL 2000

    1,911.46
    +8.40 (+0.44%)
     
  • 10-Yr Bond

    3.5180
    0.0000 (0.00%)
     
  • NASDAQ futures

    12,094.75
    -127.50 (-1.04%)
     
  • VOLATILITY

    19.79
    +1.06 (+5.66%)
     
  • FTSE

    7,755.41
    -9.74 (-0.13%)
     
  • NIKKEI 225

    27,433.40
    +50.84 (+0.19%)
     
  • CAD/EUR

    0.6884
    -0.0027 (-0.39%)
     

Lincoln Educational Services Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags

Lincoln Educational Services (NASDAQ:LINC) Third Quarter 2022 Results

Key Financial Results

  • Revenue: US$91.8m (up 3.1% from 3Q 2021).

  • Net income: US$2.55m (down 6.5% from 3Q 2021).

  • Profit margin: 2.8% (down from 3.1% in 3Q 2021).

  • EPS: US$0.10 (down from US$0.11 in 3Q 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Lincoln Educational Services Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) missed analyst estimates by 4.8%.

Looking ahead, revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Consumer Services industry in the US.

Performance of the American Consumer Services industry.

The company's shares are up 8.6% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Lincoln Educational Services (of which 1 is concerning!) you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here