Recap: Franklin Covey Q2 Earnings
Portfolio Pulse from Benzinga Insights
Franklin Covey (NYSE:FC) reported Q2 earnings with a 20.0% beat on estimated EPS, reporting $0.06 versus an estimate of $0.05. However, revenue was down $420 thousand from the same period last year. The company's past earnings performance shows a consistent pattern of beating EPS estimates, which in the last quarter led to a 3.0% increase in share price the following day.
March 27, 2024 | 8:40 pm
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POSITIVE IMPACT
Franklin Covey reported a 20.0% beat on estimated EPS for Q2, with a slight revenue decrease from the previous year. Historical data shows positive share price movement following earnings beats.
Franklin Covey's Q2 earnings beat by 20% could lead to positive investor sentiment, similar to the last quarter's 3.0% share price increase post-earnings announcement. The slight revenue decrease might temper some enthusiasm, but the consistent pattern of beating EPS estimates suggests a potentially positive short-term impact on FC's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100