Mon, Mar 2, 2015, 6:36 AM EST - U.S. Markets open in 2 hrs 54 mins


% | $
Quotes you view appear here for quick access.

ITT Educational Services Inc. Message Board

  • cland03 cland03 Jul 9, 2013 1:50 AM Flag

    QII Revenue

    My guess is they will come in at $260M beating current estimates of $257M. My assumptions are 70% persistence rate (company stated to expect -1%-1.5% reduction in next two quarters), starts of 15,698 (flat YOY, very realistic given recent trend), and avg revenue per student of $4,450 (company est -4% YOY remainder of the year). Therefore; $260M = ((61,039*.7)+15,698))*$4,450.

    I can't wait to watch a little supply and demand at work when shorts try and cover their 9M shares from a float of 14m.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Buckle up your seat belt, the high speed train is taking off

      Sentiment: Strong Buy

    • So last night I noticed my revenue estimate of $257M is for QIII not QII. QII is actually $273M. I took a lot of profit off the table today because I couldn't really see a scenario where they can hit $273M. I think they will beat EPS and show stabilization of starts but I don't know if that will be enough with a potential revenue miss. I have made way too much money to risk it. I am still a big fan of ESI long term and I'm holding a little in case I'm wrong. I hope I'm wrong and we see the epic squeeze that seems to be all but inevitable.

7.40-0.17(-2.25%)Feb 27 4:02 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.