Lincoln's Q3 Earnings Miss, Revenues Beat, Starts & Population Up Y/Y
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Lincoln Educational Services Corporation (LINC) reported its third-quarter earnings, which missed expectations, but revenues exceeded forecasts. The company benefited from double-digit start growth and strong enrollment trends, contributing to the positive revenue performance.
November 12, 2024 | 5:15 pm
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Lincoln Educational Services reported Q3 earnings that missed expectations, but revenues exceeded forecasts due to strong enrollment and start growth.
Despite the earnings miss, the strong revenue performance driven by enrollment and start growth is a positive indicator for LINC's future prospects, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100