ITT Educational Services Beats Estimates, Offers Guidance Above Consensus (ESI)
Thu. July 23, 2009; Posted: 11:20 AM
Jul 23, 2009 (SmarTrend(R) News Watch via COMTEX) --
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PowerRating -- 7/23/2009 - ITT Educational Services Inc. (NYSE:ESI) reported fiscal Q2 EPS of $1.87, ex-items, topping the consensus estimates of $1.73. Revenues for the quarter rose 28.7% year-over-year to $317.1 million, ahead of the consensus estimates of $307.4 million. The company offered guidance for full-year 2009, seeing EPS of a range of $7.55 to $7.85, vs. the consensus estimates of $7.20 per share. The company said that they are seeing extraordinary demand that may persist throughout the remainder of 2009.
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