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

Franklin Covey

27/03/2024 21:47

* Franklin Covey Co  FC.N  reported quarterly adjusted
earnings of
13 cents​​ per share for the quarter ended in February, higher
than the same quarter last year, when the company reported EPS
of 12 cents.  The mean expectation of four analysts for the
quarter was for earnings of 5 cents per share. Wall Street
expected results to range from 4 cents to 7 cents per share.
    * Revenue fell 0.7% to $61.34 million from a year ago;
analysts
expected $62.03 million. 
    * Franklin Covey Co's reported EPS for the quarter was 6
cents​.
    * The company reported quarterly net income of $874
thousand.
    * Franklin Covey Co shares had fallen by 10.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 74.4%
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 $59.00 
This summary was machine generated from LSEG data March 27 at
09:47 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Feb. 29 2024      0.05           0.13           Beat
 Nov. 30 2023      0.19           0.36           Beat
 Aug. 31 2023      0.49           0.49           Met
 May. 31 2023      0.22           0.32           Beat