Brief: Lincoln Educational Services posts Q4 earnings $0.37/shr

Lincoln Educational Services

02/03/2016 13:00

March 2 (Reuters) - Lincoln Educational Services Corp  LINC.O : 
 * Reports fourth quarter and full year 2015 results and outlook for 2016 
 * Q4 earnings per share $0.23 from continuing operations 
 * Q4 earnings per share $0.37 
 * Q4 revenue $77.9 million 
 * Says profitability outlook does anticipate recording a one-time non-cash gain 
   in 2016 of approximately $6 million 
 * One-time non-cash gain in 2016 related to a lease amendment 
 * Will fully exit transitional segment campuses, reduce annual losses incurred 
   by two campuses by an estimated $8 million 
 * Q4 earnings per share view $-0.14, revenue view $75.8 million -- Thomson 
   Reuters I/B/E/S 
 
 * Source text for Eikon  urn:newsml:reuters.com:*:nGNXMNRMVa 
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