Franklin Covey Full Year 2024 Earnings: Beats Expectations

Franklin Covey (NYSE:FC) Full Year 2024 Results

Key Financial Results

• Revenue: US$287.2m (up 2.4% from FY 2023).
• Net income: US$23.4m (up 32% from FY 2023).
• Profit margin: 8.1% (up from 6.3% in FY 2023).
• EPS: US$1.78 (up from US$1.30 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Franklin Covey Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 3.9%.

The primary driver behind last 12 months revenue was the Enterprise Division - Direct Offices segment contributing a total revenue of US$197.6m (69% of total revenue). The largest operating expense was General & Administrative costs, amounting to US$175.9m (89% of total expenses). Explore how FC's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in the US.

Performance of the American Professional Services industry.

The company's shares are down 2.5% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Franklin Covey that you should be aware of before investing here.

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