Brief: Lincoln Educational Services Q4 Earnings Per Share $0.32

Lincoln Educational Services

28/02/2018 13:00

Feb 28 (Reuters) - Lincoln Educational Services Corp 
 LINC.O : 
    * LINCOLN EDUCATIONAL REPORTS 2017 FOURTH QUARTER AND YEAR 
END 
RESULTS 
    * Q4 EARNINGS PER SHARE $0.32 
    * Q4 REVENUE $67.4 MILLION 
    * TOTAL REVENUE FOR Q4 WAS $67.4 MILLION, A 7.1% DECREASE 
FROM Q4 
OF 2016 
    * LINCOLN EDUCATIONAL SERVICES - 2018 REVENUE IS EXPECTED TO 
INCREASE BY LOW SINGLE DIGITS, EXCLUDING 2017 TRANSITIONAL 
SEGMENT, COMPARED TO PRIOR YEAR 
    * OPERATING INCOME FOR 2018 IS EXPECTED TO BE IN RANGE OF 
BREAKEVEN AND A LOSS OF $3 MILLION 
    * LINCOLN EDUCATIONAL SERVICES-2018 STUDENT STARTS EXPECTED 
TO 
INCREASE BY LOW SINGLE DIGITS, EXCLUDING 2017 TRANSITIONAL 
SEGMENT, COMPARED TO PRIOR YEAR 
    * BELIEVES HAS ADEQUATE RESOURCES IN PLACE TO EXECUTE 2018 
OPERATING PLAN 
    * LINCOLN EDUCATIONAL SERVICES - STUDENT STARTS FOR QUARTER, 
INCLUDING TRANSITIONAL SEGMENT, REMAINED ESSENTIALLY FLAT AT 
ABOUT 1,900 STUDENTS 
 
Source text for Eikon:  ID:nGNX9dfW2X  
Further company coverage:  LINC.O  
 
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