Legacy Education Q3 revenue beats on enrollment growth

Legacy Education

14/05/2026 21:15

Overview

US career healthcare educator's fiscal Q3 revenue grew 15%, beating analyst expectations

Adjusted EBITDA for fiscal Q3 rose 12.6%, beating analyst expectations

Company cites higher student enrollment and new programs as drivers of quarterly growth

Outlook

Company did not provide specific guidance for future quarters or the full year

Result Drivers

ENROLLMENT GROWTH - Higher new student starts and a 9.4% increase in student enrollment drove revenue growth

NEW PROGRAMS - Launch of new healthcare programs at High Desert Medical College and Integrity College of Health contributed to growth

OPERATING EFFICIENCIES - Lower educational services expense as a percentage of revenue due to operating efficiencies in compensation and facility costs

Company press release: ID:nPn4R2LNGa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$21.40 mln
$20.51 mln (3 Analysts)
Q3 EPS
$0.22
Q3 Net Income
$3 mln
Q3 Adjusted EBITDA
Beat
$4.40 mln
$3.51 mln (3 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the schools, colleges & universities peer group is "buy"

Wall Street's median 12-month price target for Legacy Education Inc is $14.50, about 18.9% above its May 13 closing price of $12.20

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)