Franklin Covey Q1 EPS $0.36 Up From $0.32 YoY, Sales $68.40M Beat $65.88M Estimate
Portfolio Pulse from Benzinga Newsdesk
Franklin Covey (NYSE:FC) reported Q1 earnings per share of $0.36, a 12.5% increase from $0.32 YoY. Sales reached $68.40M, surpassing the $65.88M estimate but marking a 1.40% decrease from $69.37M in the same period last year.
January 04, 2024 | 9:04 pm
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Franklin Covey reported a positive earnings surprise with EPS growth and sales beating estimates, although there was a slight decline in sales compared to last year.
The increase in EPS and the beat on sales estimates are likely to be viewed positively by investors, potentially leading to a short-term increase in stock price. However, the slight decrease in year-over-year sales may temper some of the positive sentiment.
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