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

Franklin Covey

04/01/2024 22:02

* Franklin Covey Co  FC.N  reported quarterly adjusted
earnings of
36 cents​​ per share for the quarter ended in November, higher
than the same quarter last year, when the company reported EPS
of 32 cents.  The mean expectation of four analysts for the
quarter was for earnings of 19 cents per share. Wall Street
expected results to range from 15 cents to 23 cents per share.
    * Revenue fell 1.4% to $68.40 million from a year ago;
analysts
expected $65.88 million. 
    * Franklin Covey Co's reported EPS for the quarter was 36
cents​.
    * The company reported quarterly net income of $4.85
million.
    * Franklin Covey Co shares had fallen by 8.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 54.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

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 January 4 at
10:01 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
 Nov. 30 2023      0.19           0.36           Beat
 Aug. 31 2023      0.49           0.49           Met
 May. 31 2023      0.22           0.32           Beat
 Feb. 28 2023      0.13           0.12           Missed