ITT Educational Services Inc. Announces Consolidated Earnings Results for the Year Ended December 31, 2014; Provides Earnings Guidance for the Full Year Ending December 31, 2015
For the year ending December 31, 2016, the company expects net income to be in the range of $19,200 million to $31,200 million a year ago. EBITDA is expected to be in the range of $90,000 million to $110,000 million a year ago. Depreciation and amortization is expected to be in the range of $18,000 to $20,000 million a year ago. Interest expense is expected to be in the range of $40,000 to $38,000 million a year ago.