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

Franklin Covey

26/06/2024 22:01

* Franklin Covey Co  FC.N  reported quarterly adjusted
earnings of
43 cents​​ per share for the quarter ended in May, higher than
the same quarter last year, when the company reported EPS of 32
cents.  The mean expectation of three analysts for the quarter
was for earnings of 39 cents per share. Wall Street expected
results to range from 35 cents to 41 cents per share.
    * Revenue rose 2.7% to $73.37 million from a year ago;
analysts
expected $72.12 million. 
    * Franklin Covey Co's reported EPS for the quarter was 43
cents​.
    * The company reported quarterly net income of $5.72
million.
    * Franklin Covey Co shares had fallen by 12.1% this
quarter and
lost 20.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 22%
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 $50.00 
This summary was machine generated from LSEG data June 26 at
09:01 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
 May. 31 2024      0.39           0.43           Beat
 Feb. 29 2024      0.05           0.13           Beat
 Nov. 30 2023      0.19           0.36           Beat
 Aug. 31 2023      0.49           0.49           Met