ITT Educational Services Inc (ESI) Updates FY12 Earnings Guidance
ITT Educational Services Inc (ESI) updated its FY12 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $8.00-$8.10 for the period.
Several analysts have also recently commented on the stock. Analysts at KeyBanc reiterated a buy rating on shares of ITT Educational Services in a research note to investors on Tuesday, October 9th. They now have a $26.00 price target on the stock. On a related note, analysts at Deutsche Bank cut their price target on shares of ITT Educational Services from $35.00 to $32.00 in a research note to investors on Wednesday, September 26th. They now have a sell rating on the stock. Finally, analysts at Wells Fargo & Co. reiterated a market perform rating on shares of ITT Educational Services in a research note to investors on Tuesday, September 25th.
ITT Educational Services Inc (ESI) traded down 4.46% on Thursday, hitting $23.99. ITT Educational Services Inc (ESI) has a 1-year low of $24.95 and a 1-year high of $77.00. The company has a market cap of $559.4 million and a price-to-earnings ratio of 2.58.
ITT Educational Services last released its earnings data on Thursday, October 25th. The company reported $1.83 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.76 by $0.07. ITT Educational Services’s revenue was down 12.7% compared to the same quarter last year. Analysts expect that ITT Educational Services Inc (ESI) will post $8.27 EPS for the current fiscal year.
ITT Educational Services, Inc. (ITT/ESI) is a provider of postsecondary degree programs in the United States.
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