On May 23, 2014, the management of Bridgepoint Education, Inc. (NYSE:BPI) concluded that the Company’s previously issued financial statements for the year ended December 31, 2013, as well as for the interim periods included in that fiscal year (the “Restated Periods”), should no longer be relied upon because of errors related to revenue recognition that resulted in material misstatements of revenue, bad debt expense and accounts receivable. Additionally, the Company’s earnings and press releases and similar communications should no longer be relied upon to the extent that they relate to our financial statements for the Restated Periods. Bridgepoint Education Inc. (NYSE:BPI) net profit margin is 5.30% and weekly performance is -9.48%. On last trading day company shares ended up $12.99. Analysts mean target price for the company is $17.17. Bridgepoint Education Inc. (NYSE:BPI) distance from 50-day simple moving average (SMA50) is -12.77%.
Strayer Education Inc. (NASDAQ:STRA) announced on 9 may, Revenues decreased 15% to $116.5 million in the first quarter of 2014 from $137.5 million in the first quarter of 2013, principally due to lower average enrollment. Strayer Education Inc. (NASDAQ:STRA) shares fell -0.42% in last trading session and ended the day on $54.64. STRA gross Margin is 38.60% and its return on assets is 5.50%.Strayer Education Inc. (NASDAQ:STRA) quarterly performance is 14.38%.
Corinthian Colleges, Inc. (NASDAQ: COCO) on 19 may has reported its Q3 earnings per share of $0.03, which was $0.02 worse than the average analyst projection of $0.05. The revenue for the quarter was $349.8 million against the average analyst projection of $355.13 million. The new student enrollments totaled-22,853 against 26,288, which was drop of 13.1%. Corinthian Colleges Inc. (NASDAQ:COCO) shares was closed at $0.837, while trading in range of $0.83 – $0.86. Corinthian Colleges Inc. (NASDAQ:COCO) year to date (YTD) performance is -52.98%.
Lincoln Educational Services Corp. (NASDAQ:LINC) announced a quarterly dividend on Thursday, May 8th, StockRatingsNetwork.com reports. Shareholders of record on Friday, June 13th will be paid a dividend of 0.07 per share on Monday, June 30th. This represents a $0.28 annualized dividend and a dividend yield of 6.95%. The ex-dividend date is Wednesday, June 11th. Lincoln Educational Services Corp (NASDAQ:LINC) ended the last trading day at $3.83. Company weekly volatility is calculated as 4.64% and price to cash ratio as 12.95.Lincoln Educational Services Corp (NASDAQ:LINC) showed a negative weekly performance of -7.93%.