Corinthian Colleges (COCO) Set to Announce Earnings on Tuesday
Corinthian Colleges (NASDAQ:COCO) is set to release its Q114 earnings data on Tuesday, November 5th. Analysts expect Corinthian Colleges to post earnings of ($0.07) per share and revenue of $374.90 million for the quarter. Corinthian Colleges has set its Q1 guidance at ($0.06)-(0.09) EPS and its FY14 guidance at $0.10-0.15 EPS.
Corinthian Colleges (NASDAQ:COCO) last released its earnings data on Thursday, August 29th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.02. The company had revenue of $377.50 million for the quarter, compared to the consensus estimate of $379.66 million. During the same quarter in the previous year, the company posted $0.10 earnings per share. The company’s revenue for the quarter was down 2.7% on a year-over-year basis. On average, analysts expect Corinthian Colleges to post $0.08 EPS for the current fiscal year and $0.24 EPS for the next fiscal year.
Corinthian Colleges (NASDAQ:COCO) traded up 4.10% on Monday, hitting $2.16. 695,756 shares of the company’s stock traded hands. Corinthian Colleges has a 52-week low of $1.85 and a 52-week high of $2.97. The stock’s 50-day moving average is $2.13 and its 200-day moving average is $2.27. The company’s market cap is $186.7 million.
COCO has been the subject of a number of recent research reports. Analysts at Compass Point reiterated a “sell” rating on shares of Corinthian Colleges in a research note to investors on Friday, August 30th. They now have a $1.50 price target on the stock. Analysts at Wells Fargo & Co. reiterated a “market perform” rating on shares of Corinthian Colleges in a research note to investors on Tuesday, August 20th. They now have a $3.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. Corinthian Colleges presently has a consensus rating of “Hold” and a consensus target price of $2.25.
Corinthian Colleges, Inc (NASDAQ:COCO) is a post-secondary education companies in the United States.
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