Brief: Lincoln Reports Q4 Earnings Per Share $0.33

Lincoln Educational Services

26/02/2020 13:14

Feb 26 (Reuters) - Lincoln Educational Services Corp
 LINC.O :
    * LINCOLN REPORTS FOURTH QUARTER AND FULL YEAR 2019
FINANCIAL
RESULTS
    * Q4 EARNINGS PER SHARE $0.33
    * Q4 SAME STORE SALES ROSE 7.1 PERCENT
    * SEES FY 2020 REVENUE UP 3 TO 5 PERCENT
    * Q4 REVENUE $73.9 MILLION
    * SAYS FY 2020 REVENUE AND STUDENT STARTS ARE EXPECTED TO
INCREASE
3% TO 5%
    * SAYS FY 2020 EBITDA PROJECTED TO BE BETWEEN $15 MILLION TO
$17
MILLION, WHICH WOULD BE 12% TO 27% INCREASE OVER 2019 EBITDA

Source text for Eikon:  ID:nGNX8DrtS9 
Further company coverage:  LINC.O 

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