Lincoln Educational Services Exceeds Expectations with $87.28M Revenue and $0.02 Beat of GAAP EPS

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They also reported revenue of $87.28M, which exceeded expected estimates of $83.36M by $3.92M. LINCOLN EDUCATIONAL SERVICES ($NASDAQ:LINC) is a leader in the diversified post-secondary education sector, providing career-oriented programs in four main areas: healthcare and technology, automotive technology, skilled trades, and hospitality services. Through their strong focus on student success, LINCOLN EDUCATIONAL SERVICES has become one of the most established and respected post-secondary educational institutions in the United States.

Earnings

In its earning report of FY2022 Q4 ending December 31 2022, LINCOLN EDUCATIONAL SERVICES exceeded expectations with $87.28M USD in total revenue and a beat of $0.02 GAAP EPS. This resulted in a net income of $8.56M USD, representing a 4.5% increase in total revenue and a 64.3% decrease in net income compared to the previous year. Over the past 3 years, LINCOLN EDUCATIONAL SERVICES’s total revenue has increased from $81.79M USD to $91.78M USD.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for LINC. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for LINC. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for LINC. More…

Key Ratios Snapshot

Some of the financial key ratios for LINC are shown below. More…

Price History

The company also noted that their operating margins had increased in comparison to the same period last year, which led to the rise in stock prices. This quarter’s performance is indicative of LINCOLN EDUCATIONAL SERVICES’ ability to maintain solid financial results and deliver value to its shareholders. With the strong financial performance this quarter, investors are likely to be optimistic about the future of LINCOLN EDUCATIONAL SERVICES’ stock. Live Quote…

Analysis

At GoodWhale, we analyzed the financials of LINCOLN EDUCATIONAL SERVICES. Our Star Chart showed that LINCOLN EDUCATIONAL SERVICES is strong in profitability, medium in asset, growth, and weak in dividend. We assigned LINCOLN EDUCATIONAL SERVICES with an intermediate health score of 6/10 considering its cashflows and debt, suggesting the company might be able to pay off debt and fund future operations. Furthermore, LINCOLN EDUCATIONAL SERVICES is classified as a ‘rhino’, a type of company that has achieved moderate revenue or earnings growth. This type of company may be attractive to investors looking for a steady source of mid-level returns, balanced risk/reward, and long-term capital appreciation. Such investors may include family offices, high-net-worth individuals, or institutional investors who are willing to accept some risk in exchange for potential rewards. More…

Peers

In the world of for-profit education, there is intense competition between the major players. Lincoln Educational Services Corp is one of the leading companies in this industry, and its competitors include National American University Holdings Inc, Adtalem Global Education Inc, and Graham Holdings Co. All of these companies are striving to provide the best education possible to their students, and they are constantly innovating and expanding in order to stay ahead of the competition.

– National American University Holdings Inc ($OTCPK:NAUH)

National American University Holdings Inc is a for-profit education company. It offers undergraduate and graduate degree programs in business, healthcare and information technology. The company has a market cap of 2.12M as of 2022 and a Return on Equity of -51.55%.

The company has been facing financial difficulties in recent years, which has led to its market cap and ROE declining. Despite this, the company remains committed to providing quality education to its students.

– Adtalem Global Education Inc ($NYSE:ATGE)

Adtalem Global Education Inc is a provider of educational services. The company operates through four segments: Medical and Healthcare, Professional Education, Technology and Business, and Graduate and Undergraduate Education. The Medical and Healthcare segment provides educational programs and services to students pursuing careers in the healthcare field. The Professional Education segment offers educational programs and services for students pursuing careers in the legal, business, and accounting fields. The Technology and Business segment provides educational programs and services for students pursuing careers in the information technology and business fields. The Graduate and Undergraduate Education segment offers educational programs and services for students pursuing undergraduate and graduate degrees.

Adtalem Global Education Inc has a market cap of 1.69B as of 2022. The company has a Return on Equity of 2.45%.

– Graham Holdings Co ($NYSE:GHC)

The Washington Post Company is an American media company, headquartered in Washington, D.C. The Post Company owns a variety of media businesses, including the Washington Post newspaper, Slate magazine, and Kaplan, Inc. The Post Company’s media properties reach a wide audience, with over 70 million unique visitors to its various websites each month.

The company has a market capitalization of $2.79 billion and a return on equity of 3.23%. The Washington Post Company’s media businesses provide it with a wide reach and a large audience. The company’s focus on quality journalism and its commitment to serving the public interest make it an important voice in the media landscape.

Summary

Lincoln Educational Services is a for-profit provider of post-secondary education, offering associate degrees and diploma programs in the areas of automotive technology, healthcare, skilled trades, business, and information technology. The company recently reported its annual financial results, which showed that the firm beat market estimates by reporting a GAAP EPS of $0.00, higher than the expected $0.02. Revenue also came in higher than expected, with $87.28M reported versus the estimated $3.92M.

Following the news of the positive financial results, the company’s stock price moved up the same day. Investors may want to look further into Lincoln Educational Services’ financials as well as the potential for future growth in order to assess the company’s long-term prospects.