Earnings Preview: Career Education

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Earnings Preview: Career Education

Published on Tuesday, 03 August 2010 11:33 Written by Gerard Lerod

ceco New York, August 3rd (TradersHuddle.com) - Shares of Career Education Corporation (NASDAQ:CECO) are trading lower by -2.17% ahead of its quarterly earnings release. Career Education, the operator of postsecondary education schools is expected to release its quarterly results on August 4^th.

Wall Street Analysts consensus calls for a profit of $0.62 a share on $531 million revenue.

Career Education estimates have a range of $0.15 a share. The high estimate calls for profit of $0.7 a share and the low estimate is calling for a profit of $0.55 a share, a year ago for the quarter the company reported $0.07 a share.

Career Education Corporation (NASDAQ:CECO) provides private, for-profit postsecondary education in the United States and Canada. Its schools offer a variety of bachelor's degree, associate degree, and non-degree programs in career oriented disciplines, like information technologies, visual communication and design technologies, business studies, and culinary arts.

UPDATE: Citigroup Lowers PT on Career Education Corp to $7 - Benzinga
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UPDATE: Citi Lowers Career Education's PT - Benzinga
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