Lincoln Educational Servs Q2 EPS $(0.02) InLine, Sales $102.91M Beat $100.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lincoln Educational Services (NASDAQ:LINC) reported Q2 earnings per share (EPS) of $(0.02), missing the analyst consensus estimate of $(0.01). However, the company reported quarterly sales of $102.91 million, beating the estimate of $100.60 million and showing a 16.10% increase over the same period last year.
August 08, 2024 | 12:06 pm
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Lincoln Educational Services reported a Q2 EPS of $(0.02), missing the consensus estimate of $(0.01). However, the company achieved quarterly sales of $102.91 million, beating the estimate of $100.60 million and showing a 16.10% increase year-over-year.
The mixed results, with an EPS miss but a revenue beat and significant year-over-year growth, suggest a neutral short-term impact on the stock price. Investors may weigh the earnings miss against the positive revenue performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100