$Lincoln Educational Services (LINC.US)$🎯 2023.8.2 The curr...

New data: The third quarter and the whole year after 2022, 2023Q1

Revenue increased by 3.9%. Operating profit was broken by continuous growth due to the double impact of costs and expenses, falling sharply by 37.6%, while net profit fell sharply by 63.6% due to a decrease in revenue from the sale of fixed assets last year.

Revenue increased 5.7% in 2023Q1, while operating profit turned into a loss due to increased expenses, with a slight loss in net profit.

Currently, the price-earnings ratio is 19.8, and the price-earnings ratio has increased slightly to 19.9. If calculated based on a 5-year average net profit of 18.28 million, the corresponding price-earnings ratio is 12.2. Overall, it is not very attractive, and the position was closed.