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In the closing of the recent trading day, Franklin Covey (FC) stood at $38.39, denoting a +1.51% change from the preceding trading day.
Franklin Covey's Q4 and 2023 fiscal results show continued growth across multiple segments. The company has been reducing debt and generating positive free cash flow, allowing for share buybacks and returns to shareholders. The education segment has seen strong growth and has the potential for ongoing expansion with support from a large foundation.
Franklin Covey Co. (NYSE:FC ) Q4 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants Derek Hatch - Corporate Controller Paul Walker - President and CEO Steve Young - Chief Financial Officer Jennifer Colosimo - President, Enterprise Division Sean Covey - President, Education Division Bob Whitman - Chairman Conference Call Participants Jeff Martin - ROTH MKM Dave Storms - Stonegate Capital Markets Operator Good day and thank you for standing by. Welcome to the Q4 2023 Franklin Covey Earnings Conference Call.
Franklin Covey (FC) came out with quarterly earnings of $0.49 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.39 per share a year ago.
Franklin Covey (FC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Franklin Covey (FC) could produce exceptional returns because of its solid growth attributes.
In the most recent trading session, Franklin Covey (FC) closed at $38.77, indicating a +0.13% shift from the previous trading day.
In the most recent trading session, Franklin Covey (FC) closed at $41.13, indicating a +0.17% shift from the previous trading day.
Franklin Covey's revenue has grown at a modest 4% CAGR, as industry tailwinds and the development of its services offering have driven growth. FC has a strong brand and reputation for delivering tangible results. Unlike many of its peers, the business is internationally recognized. FC's margins have improved, owing to increased subscription revenue. Management is continuing to focus on expanding this, creating the scope for further gains.
With service activities remaining healthy, the Zacks Consulting Services industry is poised to prosper. HURN, CRAI and FC are three stocks that are well-placed to ride the demand strength.