By Katherine Hamilton
Lincoln Educational Services shares rose after its revenue for the fourth quarter and 2025 outlook surpassed Wall Street's estimates.
The stock rose 12% to $18.01, at one point touching a 52-week high of $19.79. It has gained about 75% over the past year.
The post-secondary education platform posted a profit of $6.8 million, or 22 cents a share, in the three months ended Dec. 31, roughly flat with the previous year.
Revenue rose 16% to $119.4 million, surpassing analysts' expectations of $110.9 million, according to FactSet.
In 2025, Lincoln guided for revenue to be $480 million to $490 million, ahead of the $468.9 million that analysts polled by FactSet were expecting.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
February 24, 2025 11:53 ET (16:53 GMT)
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