Lincoln Educational Servs Q3 EPS $0.07 Beats $0.03 Estimate, Sales $99.50M Beat $94.89M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lincoln Educational Services (NASDAQ:LINC) reported Q3 earnings of $0.07 per share, beating the analyst consensus estimate of $0.03 by 133.33%. However, this is a 30% decrease from the same period last year. The company also reported quarterly sales of $99.50 million, beating the analyst consensus estimate of $94.89 million by 4.86%. This is an 8.37% increase from the same period last year.
November 06, 2023 | 1:03 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Lincoln Educational Services reported better than expected Q3 earnings and sales, but a decrease in earnings compared to last year.
While the company beat Q3 estimates, the decrease in earnings compared to the same period last year might offset the positive impact of beating estimates. Therefore, the short term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100