Lincoln Educational Shares Surge 12% on Strong Q3 Results

Lincoln Educationals shares surged by twelve percent following the release of strong third-quarter financial results, which exceeded analysts expectations and led to an increased financial outlook for the year. The company reported a twenty-three point six percent increase in revenue, driven by a nearly fifteen percent rise in student population, and earnings per share of twelve cents, significantly higher than predicted. Lincoln Educational also updated its full-year revenue forecast, indicating healthy demand for their educational programs. Despite the recent gains, shares are still trading below their fifty-two-week high.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.