By Christopher Kuo

Lincoln Educational Services shares climbed to an all-time high after the company raised its full-year guidance as first-quarter student numbers grew.

Shares of the post-secondary education company rose 6.2% Monday to $47.51. The stock reached an all-time high of $50.50 earlier in the session.

The company on Monday raised its full-year guidance for revenue and earnings. It now expects revenue of $590 million to $600 million and earnings per share of 74 cents to 83 cents. Previously, the company guided for revenue of $580 million to $590 million and earnings of 64 cents to 74 cents per share.

Analysts expect full-year revenue of $585.1 million and earnings of 70 cents a share.

Lincoln posted a first-quarter profit of $4.36 million, or 14 cents a share, compared with $1.94 million, or 6 cents a share, a year earlier. Analysts polled by FactSet expected 4 cents a share.

Revenue rose 23% to $144 million, driven primarily by increases in student numbers. Analysts expected $135.7 million. The number of student starts grew by 20% to about 5,500, the company said.

In April, Lincoln said it amended its credit agreement, increasing its aggregate principal amount of its revolving credit facility to $125 million.

Write to Christopher Kuo at chris.kuo@wsj.com

(END) Dow Jones Newswires

May 11, 2026 11:31 ET (15:31 GMT)

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