Corinthian Colleges Earnings Preview: Get Ahead of the Analysts
Corinthian Colleges (NASDAQ:COCO) will report earnings before markets open on Tuesday, April 30th. Corinthian Colleges, Inc. is a private, for-profit post-secondary education company operating in the United States. The Company currently operates colleges in various states. Corinthian offers a variety of degrees and diploma programs in the healthcare, electronics, and business fields.
Here is your Cheat Sheet to Corinthian Colleges Earnings:
Earnings Expectations: Analysts expect earnings of $0.05 per share on revenues of $406.24 million.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.08 to a profit $0.05. For the current year, the average estimate is a profit of $0.22, which is worse than the estimate ninety days ago.
Here’s how Corinthian Colleges has been performing on an annual basis:
|Revenue ($) in millions||1,069||1,308||1,756||1,784||1,605|
|Diluted EPS ($)||0.25||0.79||1.65||-1.30||-0.12|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||392.11||424.06||362.68||408.56||409.72|
|Diluted EPS ($)||0.02||0.05||-0.0762||0.02||0.00|
Corinthian Colleges has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)