Franklin Covey (FC) Q1 Earnings and Revenues Lag Estimates

Core Viewpoint - Franklin Covey reported quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.22 per share, representing a significant earnings surprise of -59.09% compared to $0.36 per share a year ago [1][2] Financial Performance - The company posted revenues of $69.09 million for the quarter ended November 2024, which was 1.36% below the Zacks Consensus Estimate and slightly above the year-ago revenues of $68.4 million [2] - Over the last four quarters, Franklin Covey has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - Franklin Covey shares have declined approximately 6.2% since the beginning of the year, contrasting with the S&P 500's gain of 0.5% [3] Future Outlook - The company's earnings outlook will be crucial for investors, particularly in light of the recent earnings report and the potential changes in earnings expectations for upcoming quarters [4][7] - The current consensus EPS estimate for the next quarter is $0.08 on revenues of $63.63 million, and for the current fiscal year, it is $1.36 on revenues of $297.34 million [7] Industry Context - The Consulting Services industry, to which Franklin Covey belongs, is currently ranked in the top 22% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - The performance of Franklin Covey's stock may also be influenced by the overall industry outlook and trends in earnings estimate revisions [5][8]