Why Lincoln Educational Services Stock Jumped 15% Today
Lincoln Educational Services (NASDAQ: LINC) is having a great Monday. The career-training company's stock reached an all-time high of $51.64 per share (a 15.4% jump from last Friday's closing price) at 10:45 a.m. ET, following an impressive earnings report. As of this writing at 3 p.m. ET, Lincoln's shares had cooled down to a 10% gain.
The average Wall Street analyst expected Q1 2026 earnings near $0.04 per share, based on revenues in the neighborhood of $135.7 million. Lincoln breezed past these estimates. Sales rose 23% year over year to $144.0 million, while earnings more than doubled from $0.06 to $0.14 per share.
The Lincoln Technical Institute and Lincoln College of Technology parent saw 5,500 new student starts in the first quarter, up from 4,600 in the year-ago period.
Source Fool.com
