Research Analysts Set Expectations for Lincoln Educational Services Corporation’s FY2017 Earnings (LINC)

Lincoln Educational Services Corporation (NASDAQ:LINC) – Analysts at Barrington Research dropped their FY2017 earnings per share estimates for Lincoln Educational Services Corporation in a research note issued to investors on Wednesday. Barrington Research analyst A. Paris. Jr now forecasts that the company will post earnings per share of ($0.48) for the year, down from their prior estimate of ($0.46). Barrington Research also issued estimates for Lincoln Educational Services Corporation’s FY2018 earnings at $0.20 EPS.

A number of other equities analysts also recently commented on LINC. Zacks Investment Research downgraded Lincoln Educational Services Corporation from a “buy” rating to a “hold” rating in a research report on Saturday, August 12th. ValuEngine downgraded Lincoln Educational Services Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, September 6th.

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Lincoln Educational Services Corporation (NASDAQ:LINC) opened at $2.37 on Monday. Lincoln Educational Services Corporation has a 1 year low of $1.75 and a 1 year high of $3.74. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.93 and a quick ratio of 0.89.

Lincoln Educational Services Corporation (NASDAQ:LINC) last announced its quarterly earnings data on Wednesday, November 8th. The company reported ($0.06) EPS for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.07). Lincoln Educational Services Corporation had a negative return on equity of 33.92% and a negative net margin of 15.45%. The company had revenue of $67.31 million for the quarter, compared to analysts’ expectations of $67.57 million. During the same quarter in the previous year, the business posted ($0.02) EPS. The business’s quarterly revenue was down 9.4% compared to the same quarter last year.

A number of institutional investors have recently made changes to their positions in LINC. Spark Investment Management LLC purchased a new position in Lincoln Educational Services Corporation during the second quarter worth approximately $109,000. Essex Investment Management Co. LLC purchased a new position in Lincoln Educational Services Corporation during the second quarter worth approximately $133,000. Dimensional Fund Advisors LP lifted its position in Lincoln Educational Services Corporation by 51.7% during the second quarter. Dimensional Fund Advisors LP now owns 45,695 shares of the company’s stock worth $142,000 after buying an additional 15,568 shares in the last quarter. Janus Henderson Group PLC purchased a new position in Lincoln Educational Services Corporation during the second quarter worth approximately $187,000. Finally, Renaissance Technologies LLC raised its position in Lincoln Educational Services Corporation by 13.9% in the first quarter. Renaissance Technologies LLC now owns 646,681 shares of the company’s stock valued at $1,817,000 after purchasing an additional 78,981 shares during the period. Hedge funds and other institutional investors own 59.75% of the company’s stock.

About Lincoln Educational Services Corporation

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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