Corinthian Colleges (Nasdaq: COCO ) is expected to report Q2 earnings on Jan. 31. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Corinthian Colleges's revenues will wither -1.7% and EPS will increase 50.0%.
The average estimate for revenue is $408.6 million. On the bottom line, the average EPS estimate is $0.06.
Last quarter, Corinthian Colleges logged revenue of $408.6 million. GAAP reported sales were 2.6% higher than the prior-year quarter's $398.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.06. GAAP EPS were $0.02 for Q1 versus -$0.12 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 38.3%, 100 basis points better than the prior-year quarter. Operating margin was 3.4%, 270 basis points better than the prior-year quarter. Net margin was 0.4%, 280 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.64 billion. The average EPS estimate is $0.33.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 282 members out of 356 rating the stock outperform, and 74 members rating it underperform. Among 89 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 64 give Corinthian Colleges a green thumbs-up, and 25 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Corinthian Colleges is hold, with an average price target of $2.21.
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