Lincoln Educational Servs Q2 Adj EPS $0.01 Beats $(0.02) Estimate, Sales $88.65M Beat $84.37M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lincoln Educational Services (NASDAQ:LINC) reported Q2 earnings of $0.57 per share, beating the analyst consensus estimate of $(0.02) by 2950 percent. The company also reported quarterly sales of $88.20 million, surpassing the analyst consensus estimate of $84.37 million by 4.54 percent. This represents a 7.38 percent increase over sales of $82.14 million the same period last year.
August 07, 2023 | 12:03 pm
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POSITIVE IMPACT
Lincoln Educational Services reported significantly higher Q2 earnings and sales than expected. This positive financial performance could lead to a short-term increase in the company's stock price.
Lincoln Educational Services reported Q2 earnings and sales that significantly exceeded analyst estimates. This strong financial performance indicates that the company is performing well, which could make it more attractive to investors and lead to an increase in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100