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Corinthian Colleges, Inc. (COCO) Tops Q4 EPS by 2c; Guides Q1 Below the Street

August 23, 2011 7:47 AM EDT
Corinthian Colleges, Inc. (NASDAQ: COCO) reported Q4 EPS of $0.13, $0.02 better than the analyst estimate of $0.11. Revenue for the quarter came in at $425.2 million versus the consensus estimate of $427.59 million.

Sees Q1 new student growth of 23-25% on sales of $414-$424 million. EPS are expected to be 2-4c. The Street is currently looking for sales of $427.02 million with EPS of 15c.

Sees FY12 EPS of 30-35c, which compares to the Street estimate of 23c.


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