{"filings":[{"id":1582556,"accession_number":"0001140361-26-028230","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2026-07-10T20:55:28+00:00","items":["1.01","2.03","2.01","9.01"],"status":"ready","headline":"Lincoln Educational Services completes $18.8M property acquisition in Melrose Park, IL with $15.04M Provident Bank loan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Acquired facility and real property at 8315-8317 W. North Avenue, Melrose Park, IL for $18.8M from Melrose Omni, LLC.","Funded with $15.04M mortgage from Provident Bank at 5.99% fixed for 5 years, then floating at 1.75% over 5-year Treasury (min 5%).","Loan matures July 1, 2036; monthly payments of ~$97,628 starting August 1, 2026.","Property previously operated as Melrose Park campus under lease; now owned.","Loan secured by mortgage on property and guaranty from parent and subsidiaries."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":69841,"accession_number":"0001140361-26-021084","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2026-05-13T20:50:22+00:00","items":["1.01","9.01"],"status":"ready","headline":"Lincoln Educational Services subsidiary agrees to buy Melrose Park campus property for $18.8M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price of $18.8M for property at 8315-8317 W. North Ave, Melrose Park, IL.","Lincoln Technical Institute currently leases the property; purchase converts lease to ownership.","Closing anticipated on June 25, 2026; subject to due diligence and customary conditions.","Deposit of $250,000 required within five days after effective date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91924,"accession_number":"0001140361-26-020318","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2026-05-11T23:59:59+00:00","items":["5.07","7.01","9.01"],"status":"ready","headline":"Annual meeting votes pass; strategic plan presentation attached but content not disclosed","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["All 10 director nominees elected; say-on-pay approved with ~94.6% of votes cast.","Deloitte & Touche ratified as auditor for FY2026 with 99.7% support.","Shareholder Presentation provided as Exhibit 99.1 but only title slide included in filing.","No financial or operational updates; material strategic details unavailable."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":12161,"accession_number":"0001140361-26-020531","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2026-05-11T19:47:07+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lincoln Educational Q1 revenue up 22.5% to $144M; net income doubles; raises FY 2026 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $144.0M (+22.5% YoY); net income $4.4M ($0.14 EPS) vs $1.9M ($0.06 EPS).","Adjusted EBITDA $15.5M (+85%); student starts 5,500 (+19.5%); ending pop. 18,702 (+17.6%).","Net cash from ops improved to $4.6M generated vs ($8.4M) used a year ago.","Total liquidity ~$72M as of March 31, 2026.","Full-year 2026 guidance raised reflecting strong Q1 and current trends."],"consensus_eps_estimate":0.1156,"consensus_eps_actual":0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":143957000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91923,"accession_number":"0001140361-26-014854","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2026-04-16T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Lincoln Educational expands revolving credit facility to $125M from $60M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $125M credit facility replaces prior $60M agreement; includes $10M LC sublimit and $25M accordion feature.","Facility matures on April 11, 2031; proceeds support working capital and growth initiatives.","CEO cites Q1 2026 student start growth of 19-20% as evidence of demand and strategy execution.","Interest rates based on SOFR or Prime plus margins from 1.50%-2.25% (SOFR) or 0.50%-1.25% (Prime), determined by Total Leverage Ratio.","Facility guaranteed by subsidiaries and secured by first-priority lien on substantially all personal property."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":102351,"accession_number":"0001140361-26-010438","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2026-03-19T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Lincoln Educational Services targets 19% Q1 student start growth, sets 5-year outlook at Investor Day","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Q1 2026 student starts expected to rise 19% vs prior-year quarter, continuing 13-quarter growth streak.","Provided five-year financial performance objectives through 2030; strategic initiatives focus on skilled trades.","CEO Scott Shaw cites America's skills gap and growing interest in trades for sustained growth.","Investor Day held March 19, 2026 at Nashville campus; webcast available for replay."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":102350,"accession_number":"0001140361-26-006394","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2026-02-23T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lincoln Educational Q4 revenue $142.9M (+19.7%), net income $12.7M; FY2026 guidance revenue $580-590M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $142.9M, up 19.7% YoY; net income $12.7M ($0.40 EPS) vs $6.8M ($0.22 EPS) a year ago.","Full year 2025 revenue $518.2M (+17.8%), net income $20.0M (+102.2%), adjusted EBITDA $67.1M (+58.7%).","FY2026 guidance: revenue $580-590M (13% YoY midpoint), adjusted EBITDA $72-76M (30% YoY midpoint).","Student starts grew 15.7% ex-Transitional in Q4; 2026 student starts growth forecast 8-13%.","Investor Day scheduled for March 19, 2026, at new Nashville campus to discuss five-year financial targets."],"consensus_eps_estimate":0.3592,"consensus_eps_actual":0.64,"consensus_revenue_estimate":null,"consensus_revenue_actual":518241000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118629,"accession_number":"0001140361-25-046577","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2025-12-23T23:59:59+00:00","items":["1.01","5.02","9.01"],"status":"ready","headline":"Lincoln Educational extends employment of CEO, CFO, COO, GC, and CHRO through Dec 2028","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["New employment agreements with Scott Shaw (CEO), Brian Meyers (CFO), Chad Nyce (COO), Alexandra Luster (GC), Stephen Ace (CHRO) effective Dec 19, 2025.","Base salary adjustments effective Jan 1, 2026: Shaw $669,500, Meyers $453,200, Nyce $453,200, Luster $317,474, Ace $309,000.","Terms are substantially similar to prior agreements; each executive remains eligible for annual performance bonus based on Board criteria.","Employment term runs through December 31, 2028, unless earlier terminated; prior agreements expired Dec 31, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118628,"accession_number":"0001140361-25-041367","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2025-11-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lincoln Educational raises FY2025 guidance after Q3 revenue up 23.6%, adj. EBITDA up 65.1%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $141.4M (+23.6% YoY); net income $3.8M ($0.12/share) vs $4.0M ($0.13) prior year which included $2.8M insurance gain.","Adjusted EBITDA rose 65.1% to $16.9M; student population up 14.8%, student starts up 3.2% (6% ex-Transitional).","Full-year 2025 guidance raised: revenue $505-510M, adj. EBITDA $65-67M, net income $17-19M, student starts growth 15%-16%.","Raised 2027 objectives to >$600M revenue and $90M adj. EBITDA; new campus in Rowlett, TX expected early 2027.","Investor Day scheduled for March 19, 2026 at new Nashville campus."],"consensus_eps_estimate":0.0423,"consensus_eps_actual":0.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":375369000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":135112,"accession_number":"0001140361-25-030095","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2025-08-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lincoln Educational Services Q2 revenue $116.5M (+13.2%), raises FY2025 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $116.5M (+13.2% YoY); net income $1.6M vs $0.7M net loss in prior year.","Adjusted EBITDA $10.5M (+68.4%); student starts up 19.5% (21.8% ex-Transitional).","Full-year 2025 revenue guidance raised to $490M-$500M; adjusted EBITDA to $60M-$65M.","Student starts growth guidance increased to 12%-15%; capital expenditures to $75M-$80M.","Campus development progress: Houston enrolling, Levittown opened, Nashville exceeding expectations."],"consensus_eps_estimate":-0.0119,"consensus_eps_actual":0.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":233980000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":152090,"accession_number":"0001140361-25-018808","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2025-05-14T23:59:59+00:00","items":["5.07","7.01","8.01","9.01"],"status":"ready","headline":"Lincoln Educational extends share repurchase program with $29.7M capacity remaining","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board authorized continuation of share repurchase program; original $30M expanded to $40M total.","Repurchased ~1.7M shares at avg $5.95 for aggregate ~$10.3M to date; $29.7M remains available.","At annual meeting, all 10 director nominees elected, say-on-pay approved, and Deloitte ratified as auditor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":152089,"accession_number":"0001140361-25-018340","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2025-05-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lincoln Ed reports Q1 revenue $117.5M (+13.7%); raises FY2025 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $117.5M (+13.7% YoY); net income $1.9M vs ($0.2M) loss; adj EBITDA $10.6M vs $6.5M.","Student starts +16.2% (excl. Transitional +20.9%); quarter-end population +15.2%.","FY2025 guidance raised: revenue $485M-$495M (prev $480M-$490M); adj EBITDA $58M-$63M (prev $55M-$60M).","Credit facility expanded to $60M revolv, $25M accordion; total liquidity ~$90M, no debt outstanding.","New campuses: Houston expected by year-end 2025; Hicksville, NY by end 2026; Nashville relocation completed."],"consensus_eps_estimate":null,"consensus_eps_actual":0.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":117506000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":170906,"accession_number":"0001140361-25-008110","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2025-03-11T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Lincoln Educational expands credit facility to $60M, extends maturity to 2028","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Credit facility increased from $40M to $60M with Fifth Third Bank.","Maturity extended from Feb 2027 to March 7, 2028; accordion feature raised to $25M.","Proceeds for working capital, general corporate, and growth initiatives.","Financial covenants replaced as part of amendment; other terms unchanged.","CEO Scott Shaw states robust balance sheet and increased liquidity support long-term objectives."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":170905,"accession_number":"0001140361-25-005599","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2025-02-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lincoln Educational Q4 revenue up 16.4% to $119.4M; guides 2025 revenue $480-490M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $6.8M, adjusted EBITDA $19.2M; full-year revenue $440.1M (+16.4% YoY).","Student starts grew 9.6% in Q4 and 15.2% for the full year; end-of-quarter population up 14.1%.","Full-year 2025 guidance: revenue $480-490M, adjusted EBITDA $55-60M, net income $8-13M.","Sale of Summerlin (Las Vegas) campus completed Jan 1, 2025; recorded $1.2M loss on sale in Q4.","Lease signed for new Hicksville, NY campus (~65,000 sq ft); expected to open May 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":0.32,"consensus_revenue_estimate":null,"consensus_revenue_actual":440064000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":187874,"accession_number":"0001140361-24-045953","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2024-11-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lincoln Ed Services Q3 revenue up 15% to $114.4M; raises 2024 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $114.4M (+15% YoY); net income $4.0M; adjusted EBITDA $10.2M (+67% YoY).","Student starts grew 21.1%; quarter-end student population up 13.3%.","Raised 2024 guidance: revenue $430-435M, adjusted EBITDA $41-43M, student start growth 13-15%.","East Point, GA campus generated $5.0M revenue since March launch; Q3 EBITDA positive.","Corporate partnerships expanded; plans to extend hybrid platform to nursing programs over 18 months."],"consensus_eps_estimate":null,"consensus_eps_actual":0.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":320691000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":204399,"accession_number":"0001140361-24-036333","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2024-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lincoln Educational Q2 revenue +16.1% to $102.9M; raises FY2024 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $102.9M (+16.1% YoY); student starts +12.3%; quarter-end student population +11.4%.","Net loss $0.7M; Adjusted EBITDA $6.2M, more than doubling vs prior year.","Total liquidity >$100M, no debt outstanding; cash flow supports growth.","FY2024 revenue guidance raised to $423-430M; lower end of adj. EBITDA, adj. net income, student starts raised.","New East Point, GA campus student starts exceed full-year plan; Nashville and Levittown relocations on track for H1 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":206281000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":204398,"accession_number":"0001140361-24-033834","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2024-07-23T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Lincoln Educational amends credit agreement, clarifies covenants and events of default","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amended $40M revolving credit facility with Fifth Third Bank; effective June 28, 2024.","Removed Financial Responsibility Composite Ratio covenant; added default trigger for 33% quarterly revenue decline.","Added reporting requirement for revenue-impact events within 5 business days.","Original facility maturity Feb 16, 2027 unchanged; no change in size or pricing.","Amendments also clarify representations, conditions to advances, and reaffirm liens."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":204397,"accession_number":"0001140361-24-031870","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2024-07-01T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Lincoln Educational appoints Anna Escobedo Cabral and Marta Ronquillo Newhart to board, expanding size to 10","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board expanded from 8 to 10 directors; Cabral and Newhart appointed as independent directors effective June 27, 2024.","Cabral appointed to Audit Committee; she is former U.S. Treasurer and Navient board member.","Newhart appointed to Nominating and Corporate Governance Committee; she is Chief Marketing & Brand Officer at APCO Worldwide.","Both will serve until 2025 annual meeting, subject to re-election by shareholders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":221163,"accession_number":"0001140361-24-024642","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2024-05-07T23:59:59+00:00","items":["5.07","7.01","8.01","9.01"],"status":"ready","headline":"Lincoln Educational extends share buyback to May 2025; $29.7M remains available","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board extended $40M repurchase program through May 24, 2025.","1.7M shares repurchased at avg $5.95 for total $10.3M since program inception.","$29.7M remains unused under the authorization.","CEO cites commitment to balance sheet optimization and shareholder value.","All director nominees elected; auditor ratification and say-on-pay approved at annual meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":221162,"accession_number":"0001140361-24-024460","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2024-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"LINC Q1 revenue up 19.7% to $103.4M; EBITDA triples; full-year guidance raised","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $103.4M (+19.7% YoY); student starts up 15.3%; student population +11.2%.","Adjusted EBITDA tripled to $6.5M; new $40M credit facility with Fifth Third Bank.","Full-year 2024 guidance raised: revenue $418-428M, adjusted EBITDA $37-42M.","New campus in East Point, GA opened; 5-year $6M training agreement with CMC.","Ended quarter with $109M liquidity, no debt outstanding."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":103366000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":240738,"accession_number":"0001140361-24-014154","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2024-03-19T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Lincoln Educational projects Q1 student starts up ~15%, reaffirms FY2024 outlook","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Projected Q1 2024 student start growth of approximately 15%, compared to 6.4% (excl. transitional segment) in prior year.","Reiterates full-year 2024 financial guidance; reports strong business momentum entering the year.","CEO cites successful execution of growth strategies, citing increases in student starts, retention, graduation, and placement.","Company hosting first Investor Day on March 19, 2024 at new East Point campus; Q1 results due May 6, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":240737,"accession_number":"0001140361-24-013400","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2024-03-15T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Lincoln Educational Services announces Chair J. Barry Morrow not to stand for re-election; John Bartholdson to succeed","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["J. Barry Morrow, Chair since 2015 and board member since 2006, will not stand for re-election at the 2024 Annual Meeting in May.","Current board member John A. Bartholdson (joined in 2019) has been named as successor Chair effective after the Annual Meeting.","Board will temporarily reduce to eight members and initiate a search for a new director to fill the vacancy.","Morrow's decision was not due to any disagreement with the company or its management, per the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":240736,"accession_number":"0001140361-24-009410","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2024-02-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lincoln Educational Q4 revenue $102.5M (+13.6%); guides 2024 rev $410-420M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $102.5M (+13.6% YoY); new student starts +16%; EPS $0.23.","FY2023 revenue $376.6M (+10.3%); adj. EBITDA $26.5M; cash $80.3M; no debt.","2024 guidance: rev $410-420M, adj. EBITDA $35-40M, capEx $65-70M, starts +7-12%.","New $40M Fifth Third credit facility; $11M sale-leaseback of Levittown; East Point opens Mar 2024.","Investor Day Mar 19, 2024; Houston campus expected 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":0.85,"consensus_revenue_estimate":null,"consensus_revenue_actual":378070000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":240735,"accession_number":"0001140361-24-009235","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2024-02-23T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Lincoln Educational Services enters $40M revolving credit facility with Fifth Third Bank","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Facility total $40M including $10M letter of credit sublimit and $20M accordion option (upsize to $60M).","Term 36 months, matures February 16, 2027; interest based on SOFR/Prime plus margins 1.75%-2.50% / 0.75%-1.50%.","Proceeds for working capital, general corporate, and strategic growth initiatives including campus expansions.","Company reports $80M cash, no existing debt; new facility provides up to $60M additional liquidity via accordion."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":258239,"accession_number":"0001140361-23-051529","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2023-11-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lincoln Ed Q3: revenue $99.5M (+10.5%), EPS $0.07, raises FY2023 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue grew 10.5% to $99.5M; adjusted EBITDA $6.1M; EPS $0.07.","New student starts up 7.1%; average revenue per student up 7.3%.","Full-year guidance raised: revenue $370–375M, adjusted EBITDA $24–26M, student start growth 8–11%.","New Houston campus (100k sq ft) announced; Nashville/Philadelphia relocations/expansions; Atlanta campus on track for Q1 2024.","No debt outstanding; total liquidity $70.3M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.63,"consensus_revenue_estimate":null,"consensus_revenue_actual":275548000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":275549,"accession_number":"0001140361-23-038529","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2023-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lincoln Educational Q2 revenue up 9.8% to $88.2M; raises FY2023 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue grew 9.8% to $88.2M, driven by 17.9% increase in new student starts and 8.6% higher revenue per student.","Adjusted EBITDA of $2.4M; net gain of $30.9M from sale of Nashville property, net proceeds $33.3M.","Full-year 2023 revenue guidance raised to $360M-$370M, adjusted EBITDA to $22M-$26M, adjusted net income to $10M-$13M.","Student start growth refined to upper end of prior range: 6%-10% (excluding ~150 starts shifted to 2024).","Closed sale of Nashville campus for $33.8M; entered rent-free lease for up to 15 months while relocating."],"consensus_eps_estimate":null,"consensus_eps_actual":0.57,"consensus_revenue_estimate":null,"consensus_revenue_actual":175929000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":293059,"accession_number":"0001140361-23-029516","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2023-06-13T23:59:59+00:00","items":["2.01","8.01","9.01"],"status":"ready","headline":"Lincoln Educational closes Nashville campus sale for $33.8M, net gain ~$28.7M, plans new campus","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sold 16-acre Nashville campus to SLC Development affiliate for $33.8M; net proceeds ~$33.2M.","Property carrying value $4.5M; gain on sale ~$28.7M.","Leaseback allows rent-free occupation for 15 months; three extensions at $150k per 30-day term.","Will invest $15-$20M to build new Nashville campus; first year expected EBITDA neutral."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":293058,"accession_number":"0001140361-23-023413","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2023-05-08T23:59:59+00:00","items":["5.07","7.01","9.01"],"status":"ready","headline":"Lincoln Educational Services outlines growth strategy, strong compliance in 2023 shareholder presentation","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Presentation highlights skills gap driving demand for middle-skills training; revenue CAGR 3.9% from 2019-2022.","Adjusted EBITDA projected to grow from ~$12M in 2022 to ~$20M by 2025 (does not include future campuses).","Regulatory compliance strong: 90/10 ratio 74%, CDR 2.7%, composite score 2.9; completion rate 64.5%, employment rate 81.4%.","Growth strategy includes organic capacity expansion, new programs, acquisitions, and new school construction in South and West.","Experienced management team with average tenure ~20 years; board includes a 1981 Lincoln Tech graduate."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":293057,"accession_number":"0001140361-23-023346","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2023-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lincoln Educational Q1 revenue up 6.9% to $86.4M; raises full-year guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 revenue $86.4M, +6.9% YoY; adjusted EBITDA $2.2M; new student starts +6.4%.","Raising FY2023 guidance: revenue $355-365M, adj. EBITDA $21-25M, adj. net income $9-12M.","Adopted CECL, reducing retained earnings by $7.9M net of taxes; no Q1 ops impact.","Repurchased 104k shares for $0.5M in Q1; total repurchases $10M since May 2022.","Atlanta campus on track for 2023; Somerville campus closing by year-end."],"consensus_eps_estimate":null,"consensus_eps_actual":0.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":87284000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":293056,"accession_number":"0001140361-23-022443","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2023-05-02T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Lincoln Educational EVP of Campus Operations Stephen Buchenot to retire June 2, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Stephen Buchenot, EVP of Campus Operations, retiring effective June 2, 2023 after 30+ years.","Responsibilities to be assumed by current executives; no permanent replacement named.","Compensation Committee accelerated vesting of 87,566 unvested restricted stock shares held by Buchenot.","Buchenot oversaw all campus operations and admissions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":313709,"accession_number":"0001019056-23-000162","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2023-02-27T23:59:59+00:00","items":["2.02","5.02","8.01","9.01"],"status":"ready","headline":"Lincoln Educational Q4 revenue $91.8M (+4.5%); guides 2023 Adj. EBITDA $19-24M; extends buyback","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $91.8M (+4.5% YoY); Adj. EBITDA $15.7M (+7.4%); student starts +2.4%.","FY 2023 guidance: revenue $345-360M, Adj. EBITDA $19-24M, capex $35-40M.","Board expands to 10; appoints Sylvia Jean Young; director Harbour not standing for re-election.","Share repurchase extended: additional $10M authorized, total remaining $30.6M through May 2024.","Converted Series A preferred to common, saving $1.2M annual dividends; Nashville campus sale expected Q2 2023 for ~$35M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.36,"consensus_revenue_estimate":null,"consensus_revenue_actual":348287000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":332176,"accession_number":"0001140361-22-045898","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2022-12-16T23:59:59+00:00","items":["1.01","5.02","9.01"],"status":"ready","headline":"Lincoln Educational extends employment contracts for four top executives through Dec 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["New employment agreements extend CEO Shaw, CFO Meyers, EVPs Buchenot and Nyce through Dec 31, 2025.","Base salaries unchanged: Shaw $500K, Meyers $358,955, Buchenot $304,387, Nyce $300K effective Jan 1, 2023.","Annual performance bonuses based on Board/Committee targets under Incentive Plan; other benefits substantially similar.","Severance on involuntary termination: 2x (base salary + target bonus); non-compete for 2 years, non-solicit for 1 year."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":332173,"accession_number":"0001019056-22-000675","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K/A","filed_at":"2022-12-01T23:59:59+00:00","items":["8.01","7.01","9.01"],"status":"ready","headline":"Lincoln Educational completes mandatory conversion of Series A Preferred, eliminates $1.2M annual dividend","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Each Series A Preferred share converted into 423.729 common shares; 12,700 shares preferred became 5,381,360 common shares.","Conversion eliminates $1.2M in annual preferred dividend payments, simplifying capital structure.","CEO Scott Shaw states conversion provides additional resources for strategic initiatives.","Amendment corrects conversion ratio decimal point; total shares issued unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":332175,"accession_number":"0001019056-22-000668","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2022-11-30T23:59:59+00:00","items":["8.01","7.01","9.01"],"status":"ready","headline":"Lincoln Educational Services converts all 12,700 Series A Preferred shares to 5.38M common shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Converted 12,700 shares of Series A Preferred into 5,381,360 common shares at 4.23729 per preferred share.","Eliminates $1.2 million in annual preferred dividend payments, simplifying capital structure.","CEO Scott Shaw says conversion provides additional resources for strategic initiatives.","All rights to receive future dividends on preferred stock terminated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":332174,"accession_number":"0001140361-22-040228","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2022-11-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lincoln Educational Q3 revenue $91.8M, net income $3.5M; reiterates FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $91.8M (+3.1% YoY); net income $3.5M, EPS $0.10; adjusted EBITDA $7.4M.","Student starts declined 9.2% while average revenue per student rose 5.9%; full-year revenue guidance reaffirmed at $340-350M.","Board approved closing Somerville, MA campus with estimated $2.0M costs; teach-out for ~300 students ending by Dec 2023.","Repurchased 668,440 shares for $4.2M in Q3; terminated credit agreement (no outstanding debt); cash $69.6M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":256510000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":349638,"accession_number":"0001140361-22-028645","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2022-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lincoln Educational Q2 revenue $82.1M (+2.1%), lowers FY2022 guidance as student start conversion lags","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $82.1M (+2.1% YoY); student starts up 4.0%, but conversion rate lower than expected.","Adjusted EBITDA $2.4M; net income not disclosed; cash from operations $4.4M; cash $67.0M debt free.","FY2022 guidance cut: revenue $340-350M (prev ~$350M?), Adjusted EBITDA $25-30M, net income $10-15M.","Announced new Atlanta campus (55k sq ft) expected to open Q3 2023, $12M capex, $20M annual revenue at maturity.","Repurchased 414,963 shares for $2.5M under $30M buyback program; sold Suffield, CT property for $2.4M net."],"consensus_eps_estimate":null,"consensus_eps_actual":0.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":164697000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":366651,"accession_number":"0001140361-22-020367","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2022-05-24T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Lincoln Educational Services authorizes $30M share repurchase program","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board authorized up to $30M of common stock repurchases over twelve months.","Repurchases may be made in open-market or privately negotiated transactions.","Company expects to fund repurchases from cash on hand and operations.","Shares acquired will be cancelled and returned to authorized but unissued status.","Credit agreement amended to permit repurchases under the new program."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":366650,"accession_number":"0001140361-22-018272","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2022-05-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lincoln Educational Q1 revenue up 5.8% to $82.6M; reiterates FY2022 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $82.6M, up 5.8% YoY; average student population rose 4.4%.","Adjusted EBITDA $2.4M vs $5.4M prior year; net loss with tax benefit of $0.6M.","Full-year 2022 guidance reaffirmed: revenue $350-365M, adj. EBITDA $35-40M, net income $17-22M.","Expects Q2 low double-digit start growth; sale of Nashville campus now Q3 with ~$34M net proceeds.","Transportation/Trades segment revenue $58.8M (+5.6%); Healthcare segment $23.8M (+6.5%)."],"consensus_eps_estimate":null,"consensus_eps_actual":0.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":82554000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":366649,"accession_number":"0001140361-22-018082","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2022-05-06T23:59:59+00:00","items":["5.07","7.01","9.01"],"status":"ready","headline":"Lincoln Educational cites ~$80M cash, zero debt; 2021 student starts up 10.7%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["FY 2021 ended with ~$80M cash, no outstanding debt, and $11M revolver available.","Q4 2021 student starts ~2,700; average population grew ~650 vs. prior-year quarter.","Total students enrolled ~13,100 across 22 campuses as of Dec 31, 2021.","2018 cohort default rate 9.8%; 90/10 revenue ratio 75%; composite score 3.0.","Monetized real estate via sale-leaseback; plan to blend 25% online instruction."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":386070,"accession_number":"0001140361-22-006965","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2022-02-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lincoln Ed Q4 revenue up 7.4% to $87.8M, net income $24M; 2022 guidance $350-365M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $87.8M (+7.4% YoY); average students up 6.3%; ending population up 6.9% (+850).","Adjusted EBITDA $15.1M (+13.1%); net income $24.0M ($0.73 diluted).","Sale-leaseback gain $22.5M; retired all $17M debt; net cash $83.3M (up $62.5M YoY).","FY2021 revenue $335.3M (+14.4%); student starts up 7.5% to 15,402; Adj. EBITDA $38.1M (+59%).","2022 guidance: rev $350-365M, Adj. EBITDA $35-40M, net income $17-22M; start growth 5-10%."],"consensus_eps_estimate":null,"consensus_eps_actual":1.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":335336000.0,"consensus_period":"2021-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":403992,"accession_number":"0001140361-21-036924","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2021-11-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lincoln Ed Q3 rev $89.1M (+13%), operating income up 49.6%; closes sale-leaseback, retires all debt","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $89.1M (+13% YoY), operating income $5.7M (+49.6%), net income $3.8M ($0.11 diluted EPS) vs $3.5M ($0.08).","Student starts 5,430 (flat YoY); ending student population 14,000, up 6.4% YoY.","Closed sale-leaseback of Denver and Grand Prairie properties; net proceeds $28.5M used to retire all outstanding debt.","Full year 2021 guidance: revenue growth 12-14%, adjusted EBITDA $35-37M, pre-tax income $25-27M.","Transportation & Skilled Trades segment revenue up 14.3%; Healthcare & Other Professions up 9.8%."],"consensus_eps_estimate":null,"consensus_eps_actual":0.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":247520000.0,"consensus_period":"2021-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":403991,"accession_number":"0001019056-21-000559","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2021-11-02T23:59:59+00:00","items":["1.01","2.01","2.03","8.01","9.01"],"status":"ready","headline":"Lincoln Educational completes $46.5M sale-leaseback of two campuses, nets $28.5M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Closed sale of Denver and Grand Prairie properties for $46.5M; net proceeds ~$28.5M after repaying $16.8M term loan and $1.2M costs.","Anticipates recording ~$22M gain on sale in Q4 2021; annual interest savings ~$0.8M from loan repayment.","Entered 20-year triple-net leases with annual base rent ~$2.6M, escalating 2% yearly, with four 5-year renewal options.","Proceeds to fund growth initiatives, facility upgrades, and working capital; campus operations continue uninterrupted."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":403990,"accession_number":"0001019056-21-000565","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K/A","filed_at":"2021-11-02T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Lincoln Educational files 8-K/A solely to correct hyperlink in property purchase agreement exhibit","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Amendment revises hyperlink in Exhibit 10.1 for Agreement for Purchase and Sale of Property dated Sept 24, 2021.","Counterparty is LNT Denver (Multi) LLC; agreement incorporated by reference to prior 8-K filed Sept 28, 2021.","No other changes were made to the original 8-K filed Nov 2, 2021."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.0,"calibrated_materiality_score":0.0,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":422953,"accession_number":"0001019056-21-000504","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2021-09-28T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Lincoln Educational to monetize three campuses for $81M; net proceeds ~$60M after debt repayment","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Sale-leaseback of Denver and Grand Prairie campuses for $46.5M; expected Q4 2021 close; $22M gain on sale.","Sale of Nashville campus for $34.5M; expected Q1 2022 close; $29M gain; rent-free leaseback for 12 months.","Combined net proceeds ~$80M; $17M to repay term loan; remaining ~$60M for growth and new Nashville campus buildout.","Annual interest savings ~$0.8M from debt repayment; plan to use NOLs to offset tax liability.","Transactions subject to due diligence and closing conditions; no assurance of consummation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":422952,"accession_number":"0001140361-21-027487","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2021-08-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Lincoln Educational Q2 revenue $80.5M (+28.8%), net income $2.4M; raises FY2021 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $80.5M vs $62.5M (+28.8%); student starts up 8.0% (19.1% adjusted for COVID delays).","Net income $2.4M ($0.06 diluted EPS) vs $0.8M ($0.02) YoY; operating income $3.5M vs $1.2M.","Adjusted EBITDA $6.1M vs $3.4M; cash from ops $9.4M; ending student population +11% to 12,860.","FY2021 guidance raised: revenue growth 9-12% (prev. 7-12%), pre-tax income $24-27M (prev. $22-27M).","Transportation & Skilled Trades segment revenue up 32.7% to $57.0M; operating income $11.3M vs $4.9M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.19,"consensus_revenue_estimate":null,"consensus_revenue_actual":158461000.0,"consensus_period":"2021-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":422951,"accession_number":"0001140361-21-027372","cik":1286613,"company_name":"LINCOLN EDUCATIONAL SERVICES CORP","ticker":"LINC","form_type":"8-K","filed_at":"2021-08-06T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Lincoln Educational appoints Felecia Pryor to board, expands to 10 members","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board increased from 9 to 10 directors; Felecia Pryor appointed as independent director.","Pryor is EVP & Chief HR Officer at BorgWarner; joined Compensation Committee.","Appointment effective Aug 5, 2021; term until 2022 annual meeting.","No material arrangements or related-party transactions disclosed per Item 404(a)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":1541627328.4615386,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}