Franklin Covey Co. (FC) Releases Earnings Results, Misses Expectations By $-0.17 EPS

Franklin Covey Co. (FC) reported quarterly earnings results on Thursday, Jun-30-2016. The company reported $-0.07 earnings per share for the quarter, missing the analyst consensus estimate by $-0.17. Analysts had a consensus of $0.10. The company posted revenue of $44.70 million in the period, compared to analysts expectations of $49.90 million. The company’s revenue was down -7.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.07 EPS.

Franklin Covey Co. opened for trading at $14.48 and hit $14.6251 on the upside on Wednesday, eventually ending the session at $14.48, with a gain of 0.91% or 0.13 points. The heightened volatility saw the trading volume jump to 17,305 shares. Company has a market cap of $207 M.

In a different news, on Jun 8, 2016, Joel Clinton Peterson (director) sold 1,792 shares at $15.35 per share price. According to the SEC, on May 22, 2015, Donald J Mcnamara (director) sold 400,000 shares at $20.00 per share price.

Franklin Covey Co. (FranklinCovey) is a global company engaged in performance improvement. The Company operates in seven areas: Leadership Execution Productivity Trust Sales Performance Customer Loyalty and Education. The Company operates globally with one common brand and business model designed to enable the Company to provide clients around the world. The Company also provides clients with training in management skills relationship skills and individual effectiveness. The Company provides personal-effectiveness literature and electronic educational solutions to its clients. The Company’s practices are designed to provide content and delivery including books and recognized thought leadership multiple deliveries and teaching methods a practice-centric focused sales force and practice-specific marketing support.

Franklin Covey Co.

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