Lincoln Education (LINC -21%) beats estimates for Q2 but craters after issuing a downbeat Q3...

|About: Lincoln Educational Service... (LINC)|By:, SA News Editor

Lincoln Education (LINC -21%) beats estimates for Q2 but craters after issuing a downbeat Q3 forecast. In-line with the recent downtrend at other for-profit institutions (I, II, III), new-student enrollment was far worse than expected, indicating overall FY11 enrollments are likely to miss estimates as well.