Franklin Covey shares fell 12.9% on Thursday after the company reported weaker-than-expected quarterly results and lowered its full-year outlook. For the third quarter of fiscal 2026, the company posted earnings of $0.27 per share on revenue of $67.8 million, missing analyst estimates of $0.31 per share and roughly $68.3 million in revenue. Franklin Covey also cut its full-year revenue guidance to a range of $260 million to $267 million, down from its prior forecast of $265 million to $275 million, and narrowed its adjusted EBITDA target to $28 million to $31 million from $28 million to $33 million. The S&P 500 ended the day roughly flat, while the Nasdaq Composite slipped 0.8%.
Franklin Covey CompanyEarnings miss and lowered guidance are financial/valuation events.