Franklin Covey Q2 EPS $0.06 Beats $0.05 Estimate, Sales $61.34M Miss $62.02M Estimate
Portfolio Pulse from dijoy@benzinga.com
Franklin Covey (NYSE:FC) reported Q2 earnings of $0.06 per share, beating estimates by 20% but showing a 50% decrease from last year. Sales of $61.34M missed estimates by 1.10%, a slight decrease from the previous year.
March 27, 2024 | 8:38 pm
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NEUTRAL IMPACT
Franklin Covey reported a mixed Q2 with earnings beating estimates but sales slightly missing expectations and both metrics showing a decrease from the previous year.
The earnings beat might provide some positive sentiment, but the miss on sales and the year-over-year decrease in both earnings and sales could temper any potential stock price gains. The mixed results lead to a neutral short-term impact score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100