Equities analysts predict that Franklin Covey Co. (NYSE:FC) will announce earnings per share (EPS) of ($0.30) for the current quarter, Zacks Investment Research reports. Five analysts have issued estimates for Franklin Covey’s earnings, with the lowest EPS estimate coming in at ($0.35) and the highest estimate coming in at ($0.24). Franklin Covey reported earnings per share of ($0.17) in the same quarter last year, which would indicate a negative year over year growth rate of 76.5%. The business is expected to report its next earnings report on Thursday, March 29th.

According to Zacks, analysts expect that Franklin Covey will report full-year earnings of ($0.24) per share for the current year, with EPS estimates ranging from ($0.30) to ($0.16). For the next fiscal year, analysts anticipate that the company will report earnings of $0.23 per share, with EPS estimates ranging from $0.10 to $0.29. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that that provide coverage for Franklin Covey.

Franklin Covey (NYSE:FC) last announced its quarterly earnings data on Thursday, January 4th. The business services provider reported ($0.17) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.33) by $0.16. The company had revenue of $47.90 million for the quarter, compared to the consensus estimate of $43.47 million. Franklin Covey had a negative return on equity of 3.79% and a negative net margin of 2.90%. The firm’s revenue was up 20.4% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.29) EPS.

FC has been the topic of a number of recent analyst reports. B. Riley reissued a “buy” rating and issued a $21.00 price objective on shares of Franklin Covey in a research note on Tuesday, January 2nd. Zacks Investment Research raised Franklin Covey from a “sell” rating to a “hold” rating in a research note on Wednesday, January 3rd. Finally, Barrington Research raised Franklin Covey from a “market perform” rating to an “outperform” rating in a research note on Tuesday, January 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $21.00.

Hedge funds have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company raised its stake in Franklin Covey by 9.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,948 shares of the business services provider’s stock worth $172,000 after buying an additional 740 shares during the period. Wells Fargo & Company MN raised its stake in Franklin Covey by 59.0% during the 3rd quarter. Wells Fargo & Company MN now owns 11,011 shares of the business services provider’s stock worth $223,000 after buying an additional 4,087 shares during the period. California Public Employees Retirement System raised its stake in Franklin Covey by 30.8% during the 2nd quarter. California Public Employees Retirement System now owns 13,592 shares of the business services provider’s stock worth $262,000 after buying an additional 3,200 shares during the period. Teachers Advisors LLC raised its stake in Franklin Covey by 13.0% during the 2nd quarter. Teachers Advisors LLC now owns 19,159 shares of the business services provider’s stock worth $370,000 after buying an additional 2,211 shares during the period. Finally, New York State Common Retirement Fund raised its stake in Franklin Covey by 18.1% during the 2nd quarter. New York State Common Retirement Fund now owns 21,181 shares of the business services provider’s stock worth $409,000 after buying an additional 3,250 shares during the period. 49.42% of the stock is currently owned by institutional investors and hedge funds.

Shares of Franklin Covey (NYSE FC) traded down $0.50 during trading hours on Thursday, hitting $28.30. The stock had a trading volume of 108,846 shares, compared to its average volume of 118,138. The firm has a market cap of $408.82, a P/E ratio of -69.02 and a beta of 0.82. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.14 and a quick ratio of 1.09. Franklin Covey has a 12 month low of $15.20 and a 12 month high of $31.20.

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About Franklin Covey

Franklin Covey Co is a global company specializing in performance improvement. The Company’s segments are Direct Offices, Strategic Markets, Education practice and International Licensees. The Direct Offices segment consists of its geographic sales offices that serve the United States and Canada, its international sales offices located in Japan, the United Kingdom and Australia, and its public programs group.

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Earnings History and Estimates for Franklin Covey (NYSE:FC)

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