Brokers Issue Forecasts for Lincoln Educational Services Corp’s Q1 2018 Earnings (LINC)
Lincoln Educational Services Corp (NASDAQ:LINC) – Barrington Research issued their Q1 2018 earnings per share estimates for shares of Lincoln Educational Services in a note issued to investors on Wednesday. Barrington Research analyst A. Paris. Jr anticipates that the company will earn ($0.39) per share for the quarter. Barrington Research also issued estimates for Lincoln Educational Services’ Q2 2018 earnings at ($0.24) EPS, Q3 2018 earnings at ($0.01) EPS, Q4 2018 earnings at $0.40 EPS and FY2019 earnings at $0.07 EPS.
Several other research firms also recently issued reports on LINC. ValuEngine downgraded shares of Lincoln Educational Services from a “sell” rating to a “strong sell” rating in a report on Tuesday, December 19th. Zacks Investment Research downgraded shares of Lincoln Educational Services from a “hold” rating to a “sell” rating in a report on Thursday, February 8th.
Lincoln Educational Services (NASDAQ:LINC) last announced its earnings results on Wednesday, February 28th. The company reported $0.31 EPS for the quarter, hitting the consensus estimate of $0.31. Lincoln Educational Services had a negative net margin of 4.39% and a negative return on equity of 28.91%. The firm had revenue of $67.40 million for the quarter, compared to the consensus estimate of $67.19 million.
Several large investors have recently bought and sold shares of the company. Alyeska Investment Group L.P. increased its holdings in shares of Lincoln Educational Services by 103.7% during the 3rd quarter. Alyeska Investment Group L.P. now owns 1,598,872 shares of the company’s stock worth $3,997,000 after purchasing an additional 813,960 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Lincoln Educational Services by 70.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 78,000 shares of the company’s stock worth $195,000 after purchasing an additional 32,305 shares during the period. Finally, Essex Investment Management Co. LLC increased its holdings in shares of Lincoln Educational Services by 159.8% during the 3rd quarter. Essex Investment Management Co. LLC now owns 111,414 shares of the company’s stock worth $279,000 after purchasing an additional 68,537 shares during the period. Institutional investors own 61.53% of the company’s stock.
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Lincoln Educational Services Company Profile
Lincoln Educational Services Corporation is a provider of post-secondary education. The Company operates in two segments: Transportation and Skilled Trades, and Transitional. The Transportation and Skilled Trades segment offers academic programs in the disciplines of transportation and skilled trades (automotive, diesel, heating, ventilation and air conditioning (HVAC), welding and manufacturing).
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