Last $2.88 USD
Change Today +0.23 / 8.68%
Volume 52.0K
LINC On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 4:30 PM 12/17/14 All times are local (Market data is delayed by at least 15 minutes).

lincoln educational services (LINC) Snapshot

Open
$2.67
Previous Close
$2.65
Day High
$2.90
Day Low
$2.67
52 Week High
01/9/14 - $5.34
52 Week Low
08/12/14 - $2.08
Market Cap
69.3M
Average Volume 10 Days
55.1K
EPS TTM
$-2.16
Shares Outstanding
24.1M
EX-Date
12/11/14
P/E TM
--
Dividend
$0.08
Dividend Yield
6.25%
Current Stock Chart for LINCOLN EDUCATIONAL SERVICES (LINC)

Related News

No related news articles were found.

lincoln educational services (LINC) Related Businessweek News

No Related Businessweek News Found

lincoln educational services (LINC) Details

Lincoln Educational Services Corporation, together with its subsidiaries, provides various career-oriented post-secondary education services in the United States. It offers degree and diploma programs in five principal areas of study, including automotive technology, health science, skilled trades, hospitality services, and business and information technology to recent high school graduates and working adults. The company operates its schools under the Lincoln Technical Institute, Lincoln College of Technology, Lincoln College of New England, and Euphoria Institute of Beauty Arts and Sciences brand names. As of December 31, 2013, it operated 33 campuses and 5 training sites in 15 states. The company was founded in 1946 and is based in West Orange, New Jersey.

2,409 Employees
Last Reported Date: 03/11/14
Founded in 1946

lincoln educational services (LINC) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $500.0K
President and Chief Operating Officer
Total Annual Compensation: $400.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $364.5K
Chief Marketing Officer and Executive Vice Pr...
Total Annual Compensation: $310.0K
Compensation as of Fiscal Year 2013.

lincoln educational services (LINC) Key Developments

Lincoln Educational Services Corporation Announces Executive Appointments

Lincoln Educational Services Corporation announced that Douglas G. DelGrosso and Ronald E. Harbour have been appointed to its Board of Directors. The appointments were effective December 4, 2014. Douglas G. DelGrosso is President and Chief Executive Officer and serves on the board of directors of Henniges Automotive and its affiliated companies. Ronald E. Harbour is Senior Partner overseeing Global Automotive Manufacturing for Oliver Wyman.

Lincoln Educational Services Corporation Announces Cash Dividend, Payable on December 31, 2014

Lincoln Educational Services Corporation announced cash dividend of $0.02 per share will be payable on December 31, 2014 to shareholders of record as of December 15, 2014.

Lincoln Educational Services Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for 2014; Announces Impairment Charges for the Third Quarter Ended September 30, 2014

Lincoln Educational Services Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenues of $84,658,000 against $88,527,000 for the same period a year ago. Operating loss was $42,312,000 against operating income of $1,219,000 for the same period a year ago. Interest income was $53,000 compared to $20,000 a year ago. Loss from continuing operations before income taxes was $43,747,000 against income from continuing operations before income taxes of $151,000 for the same period a year ago. Loss from continuing operations was $38,081,000 or $1.67 per diluted share against income from continuing operations of $77,000 for the same period a year ago. Net loss was $38,081,000 or $1.67 per diluted share compared to $2,276,000 or $0.10 per diluted share a year ago. Adjusted EBITDA was $3,999,000 against $6,546,000 a year ago. Net cash provided by operating activities was $16,220,000 against $4,935,000 a year ago. LBITDA was $37,438,000 against EBITDA of $6,546,000 a year ago. Non-GAAP Loss Per Share was $0.12. Net debt for the quarter was 5.1% of revenue as compared to 4.7% for the third quarter of 2013. Net debt was negatively impacted during the quarter by a slight deterioration in collection's history coupled with the realignment of assets to the accelerate packaging of third quarter starts. For the nine months, the company reported revenues of $241,777,000 against $256,548,000 for the same period a year ago. Operating loss was $61,719,000 against $16,092,000 for the same period a year ago. Loss from continuing operations before income taxes was $65,576,000 against $19,419,000 for the same period a year ago. Loss from continuing operations was $60,771,000 or $2.67 per diluted share against $11,893,000 or $0.53 per diluted share for the same period a year ago. Net loss was $60,771,000 or $2.67 per diluted share compared to $19,141,000 or $0.85 per diluted share a year ago. Adjusted LBITDA was $5,377,000 against adjusted EBITDA of $4,312,000 a year ago. Net cash provided by operating activities was $1,321,000 against net cash used in operating activities of $9,337,000 a year ago. LBITDA was $46,814,000 against EBITDA of $404,000 a year ago. Non-GAAP Loss Per Share was $1.12. Capital expenditures were $4.8 million and are expected to be between 2% and 3% of revenue for 2014. The company is reaffirming previously issued 2014 guidance in terms of revenue, net loss per share starts and continued to expect to be cash flow from operations and free cash flow positive for 2014. The company expects revenue to be in the range between $330 million and $340 million For the quarter, the company reported impairment of goodwill and long-lived assets of $41,437,000.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
LINC:US $2.88 USD +0.23

LINC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
American Public Education Inc $35.66 USD +1.53
Learning Tree International Inc $1.93 USD -0.03
National American University Holdings Inc $2.89 USD 0.00
Scientific Learning Corp $0.10 USD -0.01
Universal Technical Institute Inc $9.70 USD +0.19
View Industry Companies
 

Industry Analysis

LINC

Industry Average

Valuation LINC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 0.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact LINCOLN EDUCATIONAL SERVICES, please visit www.lincolnedu.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.