ITT Educational doesn't believe it'll violate covenants under line of credit At this time, the company says it does not believe that it will violate any covenants under the line of credit or any regulatory financial metrics. The company also says that federal cohort default rates are trending in a positive direction. Comments made on the Q4 earnings conference call.
ITT Educational reports FY14 EPS $1.23, consensus $1.02 Reports FY14 revenue $961.78M, consensus $953.43M. FY14 results reported in 10-K filing. ITT Educational shares are up 84c, or 35%, to $3.25 in early trading following the company's regulatory filing.