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Given the economic uncertainty, companies posting strong beat and raise quarters make good picks.
DXPE, FC and MDWT made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 3, 2023.
Franklin Covey (FC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The consensus price target hints at a 59.6% upside potential for Franklin Covey (FC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Franklin Covey Co. (NYSE:FC ) Q3 2023 Earnings Conference Call June 28, 2023 5:00 PM ET Company Participants Derek Hatch - Corporate Controller Paul Walker - Chief Executive Officer Steve Young - Chief Financial Officer Jennifer Colosimo - President, Enterprise Division Sean Covey - President, Education Division Conference Call Participants Jeff Martin - ROTH Nehal Chokshi - Northland Capital Dave Storms - Stonegate Capital Alex Paris - Barrington Research Operator Good day and thank you for standing by. Welcome to the Third Quarter 2023 Franklin Covey Earnings Conference Call.
Franklin Covey (FC) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.26 per share a year ago.
SALT LAKE CITY--(BUSINESS WIRE)--Franklin Covey Co. (NYSE: FC), a leader in organizational performance improvement, announced today that the conference call to review the Company's third quarter fiscal 2023 financial results will take place on Wednesday, June 28, 2023, at 5:00 p.m. ET (3:00 p.m. MT). The Company's financial results are expected to be released after the close of the market on Wednesday, June 28, 2023. Interested persons may access a live webcast at https://edge.media-server.com/.
Franklin Covey saw net sales and gross profits rise in its fiscal second quarter ended Feb. 28, but net income was down. Several analysts lowered their price targets, but maintained an outperform rating for the stock.
Franklin Covey Co. (NYSE:FC ) Q2 2023 Earnings Conference Call March 29, 2023 5:00 PM ET Company Participants Derek Hatch - Corporate Controller Paul Walker - CEO Steve Young - CFO Jen Colosimo - President, Enterprise Conference Call Participants Nehal Chokshi - Northland Capital Markets Jeffrey Martin - ROTH MKM David Storms - Stonegate Samir Patel - Askeladden Capital Management Operator Good day and thank you for standing by. Welcome to the Second Quarter 2023 Franklin Covey Earnings Conference Call.
Franklin Covey (FC) delivered earnings and revenue surprises of -7.69% and 0.95%, respectively, for the quarter ended February 2023. Do the numbers hold clues to what lies ahead for the stock?