K12 (LRN) to Release Earnings on Tuesday
K12 (NYSE:LRN) is scheduled to announce its Q314 earnings results on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.38 per share and revenue of $232.40 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
K12 (NYSE:LRN) last released its earnings data on Tuesday, February 4th. The company reported $0.36 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.32 by $0.04. The company had revenue of $223.90 million for the quarter, compared to the consensus estimate of $222.91 million. During the same quarter last year, the company posted $0.24 earnings per share. K12′s revenue was up 8.7% compared to the same quarter last year. On average, analysts expect K12 to post $0.83 EPS for the current fiscal year and $1.02 EPS for the next fiscal year.
Shares of K12 (NYSE:LRN) opened at 21.97 on Monday. K12 has a 1-year low of $17.15 and a 1-year high of $38.14. The stock has a 50-day moving average of $21.74 and a 200-day moving average of $21.09. The company has a market cap of $870.1 million and a price-to-earnings ratio of 185.58.
A number of analysts have recently weighed in on LRN shares. Analysts at Zacks upgraded shares of K12 from a “neutral” rating to an “outperform” rating in a research note on Wednesday, April 9th. They now have a $23.80 price target on the stock. On the ratings front, analysts at Morgan Stanley reiterated an “overweight” rating on shares of K12 in a research note on Monday, March 24th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $29.30.
K12 Inc (NYSE:LRN) is a technology-based education company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.