Franklin Covey (FC) Misses Q2 EPS by 9c

Franklin Covey (NYSE: FC) reported Q2 EPS of $0.02, $0.09 worse than the analyst estimate of $0.11. Revenue for the quarter came in at $46.3 million versus the consensus estimate of $49.41 million.

Adjusted EBITDA Outlook: At current exchange rates, the Company expects to absorb approximately $2.8 million of negative impact to its Adjusted EBITDA from foreign exchange in fiscal 2015. The Company, however, is encouraged by the expected strength of its business for the second half of fiscal 2015 and is therefore only reducing its fiscal 2015 Adjusted EBITDA guidance range by $1.0 million to between $36 million and $39 million.

For earnings history and earnings-related data on Franklin Covey (FC) click here.

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