Franklin Covey (FC) Releases Quarterly Earnings Results, Misses Estimates By $0.04 EPS
Franklin Covey (NYSE:FC) posted its quarterly earnings results on Tuesday. The company reported $0.10 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.14 by $0.04, Analyst Ratings Net reports. The company had revenue of $43.40 million for the quarter, compared to the consensus estimate of $46.47 million.
A number of research firms have recently commented on FC. Analysts at Zacks upgraded shares of Franklin Covey from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, November 11th. They now have a $20.80 price target on the stock. On a related note, analysts at Roth Capital raised their price target on shares of Franklin Covey to $26.00 in a research note to investors on Friday, November 8th. They now have a “buy” rating on the stock. Finally, analysts at Barrington Research raised their price target on shares of Franklin Covey from $20.00 to $22.00 in a research note to investors on Tuesday, October 15th. They now have an “outperform” rating on the stock.
Shares of Franklin Covey (NYSE:FC) traded up 2.14% during mid-day trading on Tuesday, hitting $20.07. 37,097 shares of the company’s stock traded hands. Franklin Covey has a 1-year low of $12.53 and a 1-year high of $20.85. The stock has a 50-day moving average of $19.90 and a 200-day moving average of $17.60. The company has a market cap of $334.7 million and a price-to-earnings ratio of 24.56.
Franklin Covey Co (NYSE:FC) is a global provider of training and consulting services delivering principle-based curriculum and effectiveness tools to its customers.
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