The earnings call highlighted significant growth in student starts, revenue, and adjusted EBITDA, driven by successful marketing strategies and expansion initiatives. However, challenges in the healthcare segment and increased capital expenditures were noted. Overall, the positive performance and raised guidance for 2025 outweigh the challenges.

Company Guidance -

Q3 2025

During the second quarter of fiscal year 2025, Lincoln Educational Services reported significant growth, with student starts increasing by nearly 22% and revenue from current operations growing by approximately 15%. Consolidated adjusted EBITDA rose by 68% compared to the same period last year. Based on this performance, Lincoln increased its full-year guidance, expecting revenue to range from $490 million to $500 million and adjusted EBITDA to be between $60 million and $65 million. The company also plans to expand its growth initiatives, including new campus developments and program replications, with a long-term goal of achieving $550 million in revenue and $90 million in adjusted EBITDA by 2027. Lincoln continues to focus on high-demand programs such as electrical, HVAC, automotive technician, welding, and nursing, and is leveraging its Lincoln 10.0 hybrid teaching model to enhance student flexibility and reduce curriculum completion time.

Strong Student Start and Revenue Growth

Lincoln Educational Services reported a nearly 22% increase in student starts and about 15% revenue growth in the second quarter of 2025.

Significant Increase in Adjusted EBITDA

The company's consolidated adjusted EBITDA increased by 68% over the previous year's second quarter.

Expansion of Growth Initiatives

Lincoln is expanding growth initiatives to meet the demand for high-value career-focused skills training, including the opening of new campuses and program replications.

New Campus Developments and Program Replications

Lincoln is developing new campuses in Levittown, Pennsylvania, Houston, Texas, and Hicksville, New York, and expanding programs at existing campuses.

Successful Marketing and Conversion Strategies

Lincoln reported a 13% reduction in marketing cost per start and improved conversion rates from marketing initiatives.

Increased Guidance for Fiscal Year 2025

The company raised its full-year guidance, expecting revenue between $490 million to $500 million and adjusted EBITDA in the range of $60 million to $65 million.

Lincoln Edu (LINC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

LINC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 10, 2025	2025 (Q3)	0.09 / -	0.134	―	―	―
Aug 11, 2025	2025 (Q2)	0.02 / 0.09	0.057	49.12% (+0.03)	―
May 12, 2025	2025 (Q1)	0.04 / 0.11	0.059	88.14% (+0.05)
Feb 24, 2025	2024 (Q4)	0.30 / 0.31	0.325	-5.85% (-0.02)
Nov 11, 2024	2024 (Q3)	0.14 / 0.13	0.113	18.58% (+0.02)
Aug 08, 2024	2024 (Q2)	0.04 / 0.06	0.017	235.29% (+0.04)
May 06, 2024	2024 (Q1)	0.02 / 0.06	0.023	156.52% (+0.04)
Feb 26, 2024	2023 (Q4)	0.27 / 0.33	0.323	0.62% (<+0.01)	―
Nov 06, 2023	2023 (Q3)	0.04 / 0.11	0.1	13.00% (+0.01)	―
Aug 07, 2023	2023 (Q2)	-0.02 / 0.02	0	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

LINC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 11, 2025	$23.75	$20.17	-15.07%
May 12, 2025	$20.92	$21.32	+1.91%
Feb 24, 2025	$16.09	$18.55	+15.29%
Nov 11, 2024	$16.20	$16.78	+3.58%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Lincoln Educational Services Corp. (LINC) report earnings?

Lincoln Educational Services Corp. (LINC) is schdueled to report earning on Nov 10, 2025, Before Open (Confirmed).

What is Lincoln Educational Services Corp. (LINC) earnings time?

Lincoln Educational Services Corp. (LINC) earnings time is at Nov 10, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is LINC EPS forecast?

LINC EPS forecast for the fiscal quarter 2025 (Q3) is 0.09.

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