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Is Lincoln Educational Services (LINC) Stock Outpacing Its Consumer Discretionary Peers This Year?
ZACKS· 2024-08-19 14:40
For those looking to find strong Consumer Discretionary stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Lincoln Educational Services Corporation (LINC) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question. Lincoln Educational Services Corporation is a member of our Consumer Discretionary group, which includes 280 different comp ...
Lincoln Educational Services(LINC) - 2024 Q2 - Quarterly Report
2024-08-08 20:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from______ to______ Commission File Number 000-51371 LINCOLN EDUCATIONAL SERVICES CORPORATION (Exact name of registrant as specified in its charter) New Jersey 57-1 ...
Lincoln Educational Services(LINC) - 2024 Q2 - Earnings Call Transcript
2024-08-08 19:17
Lincoln Educational Services Corporation (NASDAQ:LINC) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Michael Polyviou - Investor Relations Scott Shaw - President and CEO Brian Meyers - Chief Financial Officer Conference Call Participants Alex Paris - Barrington Research Steven Frankel - Rosenblatt Securities Raj Sharma - B. Riley Eric Martinuzzi - Lake Street Capital Markets Operator Ladies and gentlemen, thank you for standing by. Welcome to the second quarter Lincoln Edu ...
Lincoln Educational Services(LINC) - 2024 Q2 - Quarterly Results
2024-08-08 15:30
Exhibit 99.1 Lincoln Educational Services Reports Double Digit Growth in Revenue and Student Starts During Second Quarter 2024 Conference Call Today at 10 a.m. ET PARSIPPANY, N.J., August 8, 2024 – Lincoln Educational Services Corporation (Nasdaq: LINC) today announced financial and operating results for the second quarter ended June 30, 2024, as well as recent business developments. Second Quarter 2024 Financial Highlights* • Revenue grew 16.1% to $102.9 million • Student starts increased 12.3%; 11.4% incr ...
Lincoln Educational Services Corporation (LINC) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-08 14:15
Lincoln Educational Services Corporation (LINC) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 700%. A quarter ago, it was expected that this company would post earnings of $0.02 per share when it actually produced earnings of $0.06, delivering a surprise of 200%. Over the ...
Lincoln Educational Services Reports Double Digit Growth in Revenue and Student Starts During Second Quarter 2024
Newsfilter· 2024-08-08 12:00
PARSIPPANY, N.J., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced financial and operating results for the second quarter ended June 30, 2024, as well as recent business developments. Second Quarter 2024 Financial Highlights* Revenue grew 16.1% to $102.9 million Student starts increased 12.3%; 11.4% increase in quarter-end student population Net loss of $700,000 and Adjusted EBITDA of $6.2 million Total liquidity of more than $100 million; no debt outs ...
Lincoln Educational Services Corporation Schedules Second Quarter Earnings Release and Conference Call
Newsfilter· 2024-07-25 12:00
To access the live webcast of the conference call, please go to the investor relations section of Lincoln's website at http://www.lincolntech.edu. Participants may also register via teleconference at: Q2 2024 Lincoln Educational Services Earnings Conference Call. Once registration is completed, participants will be provided with a dial-in number containing a personalized PIN to access the call. Participants are requested to register a day in advance or at a minimum 15 minutes before the start of the call. A ...
Lincoln Educational Services Corporation Schedules Second Quarter Earnings Release and Conference Call
GlobeNewswire News Room· 2024-07-25 12:00
An archived version of the webcast will be accessible for 90 days at http://www.lincolntech.edu. PARSIPPANY, N.J., July 25, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) ("Lincoln") announced today that it will host a conference call to discuss its second quarter financial results on Thursday, August 8, 2024 at 10:00 a.m. Eastern time. A news release outlining Lincoln's results will be issued before 9:30 a.m. Eastern time on that day. To access the live webcast of the conf ...
Lincoln Educational Services Corporation Welcomes Marketing Executive Marta Ronquillo Newhart and Former Treasurer of the United States Anna Escobedo Cabral to its Board of Directors
Newsfilter· 2024-07-01 13:00
"We are pleased to welcome both Marta and Anna to Lincoln's Board of Directors," said John A. Bartholdson, non-executive Chair of the Board of Lincoln. "Marta's and Anna's breadth of leadership experience across many diverse enterprises makes them both a strong complement to our board. The other board members and I, along with our executive team, are excited to work with Marta and Anna to further Lincoln's ongoing efforts at becoming the country's leading career training organization." Her professional expe ...
Lincoln Educational Services Corporation Welcomes Marketing Executive Marta Ronquillo Newhart and Former Treasurer of the United States Anna Escobedo Cabral to its Board of Directors
GlobeNewswire News Room· 2024-07-01 13:00
Anna Escobedo Cabral is currently a board member of Navient Corporation, a student loan servicer, where she serves as Chair of the Audit Committee and a member of the Nominations and Governance Committee. She has been a director there since December 2014. She previously served as Treasurer of the United States of America from 2004 to 2009. In this role, she oversaw the Bureau of Engraving and Printing and the U.S. Mint. In addition, she led the Treasury's community development and public outreach efforts, i ...