Lincoln Educational Services Q4 Revenues Top View; Guides FY24 Revenues Well Above Estimates

RTTNews | 548 दिनों पहले
Lincoln Educational Services Q4 Revenues Top View; Guides FY24 Revenues Well Above Estimates

(RTTNews) - Lincoln Educational Services Corp. (LINC) reported Monday net income available to common shareholders for the fourth quarter declined $6.79 million or $0.22 per share from $8.36 million or $0.27 per share in the prior-year quarter.

Excluding items, adjusted net income for the quarter were $10.02 million, compared to $9.95 million in the year-ago quarter.

On average, four analysts polled by Thomson Reuters expected the company to report earnings of $0.27 per share for the quarter. Analysts' estimates typically exclude special items.

Revenue for the quarter grew 13.6 percent to $102.52 million from $91.78 million in the same quarter last year. Analysts expected revenues of $96.20 million for the quarter.

Looking ahead to fiscal 2024, the company now projects revenues in a range of $410 million to $420 million, while analysts expect revenues of $382.92 million for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

टैग: LINC
read more
Euro Falls Amid Political Uncertainty

Euro Falls Amid Political Uncertainty

The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.
RTTNews | 3घंटे 34 मिनट पहले
Bay Street Likely To Open On Positive Note

Bay Street Likely To Open On Positive Note

Canadian shares are likely to open on a positive note on Wednesday, riding on strong earnings from Royal Bank of Canada and National Bank of Canada. Weak commodity prices and concerns on the geopolitical and tariffs front may weigh limit market's upside.
RTTNews | 4घंटे 0 मिनट पहले
European Stocks Turning In Mixed Performance

European Stocks Turning In Mixed Performance

European stocks are turning in a mixed performance on Wednesday as political uncertainty in France, and a lack of any significant positive triggers render the mood cautious. Investors are also awaiting earnings updates from AI major NVIDIA.
RTTNews | 4घंटे 26 मिनट पहले
FTSE 100 Flat In Lackluster Trade; Bank Stocks Drifting Lower

FTSE 100 Flat In Lackluster Trade; Bank Stocks Drifting Lower

U.K. stocks are somewhat subdued in lackluster trade on Wednesday as investors remain a bit reluctant to make significant moves due to a lack of triggers. The benchmark FTSE 100 was at 9,266.25 a little before noon, up 0.45 points over previous close.
RTTNews | 5घंटे 16 मिनट पहले
CAC 40 Advances After Recent Losses

CAC 40 Advances After Recent Losses

Despite the uncertainty on the political front, the French market is up in positive territory on Wednesday due largely to some bargain hunting at several counters after two successive days of declines. Investors are also looking ahead to AI giant Nvidia's earnings updates.
RTTNews | 5घंटे 31 मिनट पहले
DAX Remains Weak Despite Paring Some Early Losses

DAX Remains Weak Despite Paring Some Early Losses

German stocks are down in negative territory in cautious trade on Wednesday amid political uncertainty in France ahead of a confidence vote early next month, and anxiety ahead of Nvidia's earnings for clues on the AI trade.
RTTNews | 5घंटे 47 मिनट पहले
Mixed Sentiment In Asian Markets

Mixed Sentiment In Asian Markets

Asian markets moved in a mixed fashion on Wednesday amidst anxiety ahead of release of earnings update by chip-giant NVIDIA.
RTTNews | 5घंटे 58 मिनट पहले
Euro Falls Against Majors

Euro Falls Against Majors

The euro weakened against other major currencies in the European session on Wednesday.
RTTNews | 5घंटे 59 मिनट पहले