From Nasdaq:

Franklin Covey (FC) reported quarterly earnings of $0.36 per share, surpassing expectations of $0.19 per share and last year’s $0.32 per share. This represents an 89.47% earnings surprise.

The corporate training and consulting company posted revenues of $68.4 million, exceeding expectations by 3.83% and previously year’s revenues of $69.37 million.

Franklin Covey shares have lost about 8.4% since the beginning of the year, and future performance hinges on management’s earnings call commentary.

According to recent estimates, Franklin Covey’s earnings outlook is unfavorable, leading to a Zacks Rank #5 (Strong Sell) for the stock. The company’s current consensus EPS estimate is $0.21 on $65.4 million in revenues for the coming quarter.

Exponent (EXPO), a fellow consulting services company, is expected to report quarterly earnings of $0.45 per share and revenues of $118.81 million for the quarter ended December 2023. This represents a 5.5% growth in revenues from the year-ago quarter.



Read more: Franklin Covey (FC) Q1 Earnings and Revenues Top Estimates