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Education Management Corp Issues Q3 2013 Earnings Guidance; EPS And EBITDA Guidance Above Analysts' Estimates; Lowers FY 2013 Earnings Guidance


Wednesday, 30 Jan 2013 04:39pm EST 

Education Management Corp. announced that for the third quarter of 2013, it expects earning per diluted share (EPS) of $0.20-$0.22, net income of $25-$27 million and EBITDA of $113-$117 million. For fiscal 2013, it expects earnings per diluted share in range of $0.32-0.37, net income of $40-$47 million and EBITDA of $365-$375 million. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.19, net income of $27 million and EBITDA of $111 million for the third quarter of 2013; EPS of $0.40, net income of $54 million and EBITDA of $364 million for fiscal 2013. 

Company Quote

0.6602
-0.0049 -0.74%
1:23pm EDT