Stock Analysis

Lincoln Educational Services Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

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NasdaqGS:LINC
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Lincoln Educational Services (NASDAQ:LINC) Full Year 2023 Results

Key Financial Results

  • Revenue: US$378.1m (up 8.6% from FY 2022).
  • Net income: US$26.0m (up 182% from FY 2022).
  • Profit margin: 6.9% (up from 2.6% in FY 2022).
  • EPS: US$0.86 (up from US$0.36 in FY 2022).
earnings-and-revenue-growth
NasdaqGS:LINC Earnings and Revenue Growth February 27th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Lincoln Educational Services Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 4.0%.

Looking ahead, revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Consumer Services industry in the US.

Performance of the American Consumer Services industry.

The company's shares are up 5.0% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Lincoln Educational Services (1 is a bit concerning!) that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.