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Fly News Breaks for January 10, 2019
FC
Jan 10, 2019 | 11:36 EDT
Barrington analyst Alexander Paris Jr. reiterated an Outperform rating and $30 price target on Franklin Covey after the company reported Q1 earnings results that were "above expectations," including Q1 revenue of $53.8M. which was above the firm's $51M estimate. The analyst also noted that Franklin Covey reaffirmed its FY19 guidance, which sees adjusted EBITDA in the range of $18M-22M, compared to $11.9M in FY18.
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