Lincoln Educational Services Corporation (NASDAQ:LINC) is scheduled to be releasing its earnings data before the market opens on Wednesday, November 8th. Analysts expect Lincoln Educational Services Corporation to post earnings of $0.01 per share for the quarter.

Lincoln Educational Services Corporation (NASDAQ:LINC) last announced its quarterly earnings data on Monday, August 7th. The company reported ($0.28) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.25) by ($0.03). The firm had revenue of $61.90 million for the quarter, compared to the consensus estimate of $62.48 million. Lincoln Educational Services Corporation had a negative return on equity of 24.26% and a negative net margin of 16.19%. The business’s revenue for the quarter was down 9.1% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.13) earnings per share. On average, analysts expect Lincoln Educational Services Corporation to post $-0.46 EPS for the current fiscal year and $0.11 EPS for the next fiscal year.

Shares of Lincoln Educational Services Corporation (NASDAQ:LINC) opened at 2.2101 on Wednesday. The company’s market capitalization is $54.63 million. Lincoln Educational Services Corporation has a one year low of $1.57 and a one year high of $3.74. The firm’s 50-day moving average price is $2.41 and its 200 day moving average price is $2.91.

LINC has been the topic of a number of recent research reports. Zacks Investment Research raised Lincoln Educational Services Corporation from a “hold” rating to a “buy” rating and set a $2.75 price target on the stock in a research note on Wednesday, October 4th. ValuEngine lowered Lincoln Educational Services Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, September 6th.

A hedge fund recently raised its stake in Lincoln Educational Services Corporation stock. Dimensional Fund Advisors LP lifted its stake in shares of Lincoln Educational Services Corporation (NASDAQ:LINC) by 51.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,695 shares of the company’s stock after acquiring an additional 15,568 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.18% of Lincoln Educational Services Corporation worth $142,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 62.07% of the company’s stock.

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About Lincoln Educational Services Corporation

Lincoln Educational Services Corporation is a provider of post-secondary education. The Company operates in two segments: Transportation and Skilled Trades, and Transitional. The Transportation and Skilled Trades segment offers academic programs in the disciplines of transportation and skilled trades (automotive, diesel, heating, ventilation and air conditioning (HVAC), welding and manufacturing).

Earnings History for Lincoln Educational Services Corporation (NASDAQ:LINC)

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