Franklin Covey Q3 EPS $0.32 Beats $0.22 Estimate, Sales $71.40M Beat $69.62M Estimate
Portfolio Pulse from Benzinga Newsdesk
Franklin Covey (NYSE:FC) reported Q3 earnings of $0.32 per share, beating the analyst consensus estimate of $0.22 by 45.45%. However, this is a 37.25% decrease from the same period last year. The company also reported quarterly sales of $71.40 million, beating the analyst consensus estimate of $69.62 million by 2.56%, and marking a 7.89% increase from the same period last year.
June 28, 2023 | 8:06 pm
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Franklin Covey's Q3 earnings and sales exceeded analyst estimates, but earnings decreased compared to the same period last year.
While Franklin Covey beat analyst estimates for both earnings and sales, the decrease in earnings compared to the same period last year could potentially offset the positive impact of beating estimates. This mixed result makes the short-term impact on the stock price uncertain.
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RELEVANCE 100