Career Education: 3Q Earnings Snapshot

November 6, 2019 GMT

SCHAUMBURG, Ill. (AP) _ Career Education Corp. (CECO) on Wednesday reported third-quarter earnings of $18.2 million.

On a per-share basis, the Schaumburg, Illinois-based company said it had profit of 25 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 33 cents per share.

The for-profit education company posted revenue of $155 million in the period.

For the current quarter ending in December, Career Education expects its per-share earnings to range from 27 cents to 29 cents.

The company expects full-year earnings in the range of $1.32 to $1.34 per share.

Career Education shares have risen 30% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $14.90, a climb of 14% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CECO at https://www.zacks.com/ap/CECO