ITT Educational Services Inc. announced consolidated earnings results for the year ended December 31, 2014. For the year, the company reported revenue of $961.8 million against $1,072.3 million a year ago. Operating income was $61.3 million against $61.2 million a year ago. Net income was $29.3 million against net loss of $27.0 million a year ago. Earnings per diluted share were $1.23 against $1.15 per share a year ago.

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.