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Franklin Covey Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. FC's quarterly loss expected at 6 cents per share, down from 19 cents profit. 2. Projected revenue rises to $62.65 million, up from $61.34 million last year. 3. FC shares increased 1.4%, closing at $28.00 prior to earnings release. 4. Analysts maintain bullish ratings with price targets of $45 and $50. 5. Previous quarter's results were below expectations, indicating potential volatility.

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FAQ

Why Bearish?

The anticipated loss is a negative shift from profitability, often leading to sell-offs. Historical examples show similar earnings misses causing declines, such as during the pandemic in 2020.

How important is it?

The upcoming loss announcement is significant but is balanced by projected revenue growth and analyst ratings.

Why Short Term?

Immediate reactions to earnings reports can lead to short-term volatility. Past earnings reports have shown quick sell-offs in response to negative results.

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