Stock Analysis

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

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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).
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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