Franklin Covey (FC) Misses Q3 EPS by 49c

Franklin Covey (NYSE: FC) reported Q3 EPS of ($0.79), $0.49 worse than the analyst estimate of ($0.30). Revenue for the quarter came in at $37.1 million versus the consensus estimate of $48.88 million.

Fiscal 2020 Outlook:

Despite the Company’s strong results for the first half of fiscal 2020, the Company previously withdrew its guidance and assumptions for fiscal 2020 due to the adverse impacts of the COVID-19 pandemic and the ongoing uncertainties related to business, governmental, and educational institution disruptions. The Company remains confident, however, that once national and local economies begin to return to normalcy, the same factors that have driven Franklin Covey’s growth trajectory across recent years, will help the Company begin to resume accelerated growth.

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

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