Lincoln Educational Services Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Lincoln Educational Services (NASDAQ:LINC) Full Year 2024 Results

Key Financial Results

• Revenue: US$440.1m (up 16% from FY 2023).
• Net income: US$9.89m (down 62% from FY 2023).
• Profit margin: 2.2% (down from 6.9% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: US$0.32 (down from US$0.86 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Lincoln Educational Services Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) missed analyst estimates by 4.0%.

Looking ahead, revenue is forecast to grow 8.5% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Consumer Services industry in the US.

Performance of the American Consumer Services industry.

The company's shares are up 5.5% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Lincoln Educational Services that you should be aware of before investing here.

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