Corinthian Colleges (COCO) Set to Announce Quarterly Earnings on Tuesday
Corinthian Colleges (NASDAQ:COCO) is scheduled to be announcing its Q314 earnings results on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $355.13 million for the quarter.
Corinthian Colleges (NASDAQ:COCO) last announced its earnings results on Tuesday, February 4th. The company reported $0.05 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.02 by $0.03. The company had revenue of $369.90 million for the quarter, compared to the consensus estimate of $373.41 million. During the same quarter in the prior year, the company posted $0.05 earnings per share. The company’s quarterly revenue was down 8.9% on a year-over-year basis. On average, analysts expect Corinthian Colleges to post $0.06 EPS for the current fiscal year and $0.12 EPS for the next fiscal year.
Corinthian Colleges (NASDAQ:COCO) traded down 0.83% during mid-day trading on Monday, hitting $1.19. The stock had a trading volume of 194,512 shares. Corinthian Colleges has a 1-year low of $1.15 and a 1-year high of $2.97. The stock has a 50-day moving average of $1.31 and a 200-day moving average of $1.62. The company’s market cap is $103.8 million.
A number of research firms have recently commented on COCO. Analysts at Zacks upgraded shares of Corinthian Colleges from a “neutral” rating to an “outperform” rating in a research note on Tuesday, April 8th. They now have a $1.70 price target on the stock. On a related note, analysts at Gabelli downgraded shares of Corinthian Colleges from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Finally, analysts at Compass Point reiterated a “sell” rating on shares of Corinthian Colleges in a research note on Thursday, February 6th. They now have a $1.00 price target on the stock, down previously from $1.50. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. Corinthian Colleges presently has an average rating of “Hold” and a consensus target price of $1.68.
Corinthian Colleges, Inc (NASDAQ:COCO) is a post-secondary education companies in the United States.
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