Student drop and profit slide at ITT Educational Services


ITT Educational Services (ESI) says total student enrollment fell 5.8% to 57,542 in Q4.

The company's operating margin fell 260 bps to -7.9% as the revenue kicked up by each enrolled student fell during the period.

Bad debt as a percentage of sales was up 210 bps to 9%.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs