Franklin Covey Co reports results for the quarter ended in August - Earnings Summary

Franklin Covey

01/11/2023 22:26

* Franklin Covey Co  FC.N  reported quarterly adjusted
earnings of
49 cents​​ per share for the quarter ended in August, higher
than the same quarter last year, when the company reported EPS
of 39 cents.  The mean expectation of four analysts for the
quarter was for earnings of 49 cents per share. Wall Street
expected results to range from 40 cents to 53 cents per share.
    * Revenue fell 1.1% to $77.96 million from a year ago;
analysts
expected $81.60 million. 
    * Franklin Covey Co's reported EPS for the quarter was 49
cents​.
    * The company reported quarterly net income of $6.81
million.
    * Franklin Covey Co shares had fallen by 8.2% this
quarter and
lost 15.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the professional
&
business education peer group is also "buy"

Wall Street's median 12-month price target for Franklin Covey Co
is $61.00 
This summary was machine generated from LSEG data November 1 at
10:26 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2023      0.49           0.49           Met
 May. 31 2023      0.22           0.32           Beat
 Feb. 28 2023      0.13           0.12           Missed
 Nov. 30 2022      0.32           0.32           Met