Corinthian Colleges Inc. (NASDAQ:COCO) reported its results for the second quarter. Reported a profit of $1.8 million (2 cents per diluted share) in the quarter. The education and training services company had a net loss of $163.7 million or a loss of $1.94 per share in the year earlier quarter. Revenue fell 13.8% to $415.5 million from the year earlier quarter. COCO reported adjuted net income of breaking even. By that measure, the company was about in line with the mean estimate. Analysts were expecting revenue of $415.3 million.

“In the second quarter we remained focused on student outcomes, balancing expenses with current and projected enrollment, and improving the efficiency of back-end operations,” said Jack Massimino, Corinthian Chairman and Chief Executive Officer. “Our student attrition and graduate employment trends continue to make incremental improvement, primarily the result of reducing the risk profile of our students and our ongoing efforts to help students succeed.”

Competitors to Watch: Apollo Group, Inc. (NASDAQ:APOL), Career Education Corp. (NASDAQ:CECO), American Public Education, Inc. (NASDAQ:APEI), National American Univ. Hldgs., Inc. (NASDAQ:NAUH), DeVry Inc. (NYSE:DV), Grand Canyon Education Inc (NASDAQ:LOPE), Education Management Corp (NASDAQ:EDMC), Strayer Education, Inc. (NASDAQ:STRA), Bridgepoint Education, Inc. (NYSE:BPI), and Lincoln Educational Services Corp. (NASDAQ:LINC).

Whirlpool Corporation (NYSE:WHR) reported net income above Wall Street’s expectations for the fourth quarter. Net income for Whirlpool Corporation rose to $205 million ($2.62 per share) vs. $171 million ($2.19 per share) in the same quarter a year earlier. This marks a rise of 19.9% from the year earlier quarter. Revenue fell 2.8% to $4.9 billion from the year earlier quarter. WHR beat the mean analyst estimate of $2.06 per share. Analysts were expecting revenue of $4.98 billion.

“As we enter 2012, we are executing strong actions to continue to improve operating margins through our cost and capacity reduction initiatives, ongoing productivity programs and previously announced price increases,” said Jeff M. Fettig, Whirlpool Corporation chairman and chief executive officer. “We exit 2011 with improving product price/mix, significantly lower inventory levels and strong new product innovation. These initiatives are the key drivers to improving our operating margins throughout 2012.”

Competitors to Watch: General Electric (NYSE:GE), Siemens (NYSE:SI), Indesit Company SpA (NYSE:IND).

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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