Education company Lincoln Educational (NASDAQ:LINC) will report earnings before the bell on Monday. Last quarter, it beat revenue expectations by 0.5%, reporting $116.5 million, up 13.2% year on year. Analysts expect revenue to grow 14.9% to $131.5 million this quarter, with adjusted earnings of $0.12 per share.
Analysts anticipate Lincoln Educational to meet expectations. The company has a history of exceeding revenue estimates by 3.4% on average over the past two years. Peers like Strategic Education and Bright Horizons reported revenue growth of 4.6% and 11.6% respectively in Q3.
Investors in the education services segment are holding steady before earnings. Lincoln Educational is down 12.5% in the last month with an average analyst price target of $26.20. StockStory is hiring for equity analyst and marketing roles.
Read more at Yahoo Finance: What To Expect From Lincoln Educational’s (LINC) Q3 Earnings
