K12 Inc (NYSE:LRN) is set to announce fourth quarter earning results on Tuesday 11th August 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, LRN to report 4Q20 income of $ 0.03 per share.
For the full year, analysts anticipate top line of $ 1033.35 million, while looking forward to income of $ 0.52 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,033.00 million ~ $ 1,040.00 million
Click Here For More Historical Outlooks Of K12 Inc
Previous Quarter Performance
K12 Inc unwinded income for the third quarter of $ 0.22 per share, from the revenue of $ 257.15 million. The quarterly earnings declined 50.00 percent compared with the same quarter last year. According to street consensus, LRN was expected to report 3Q20 income of $ 0.19 per share from revenue of $ 253.83 million. The bottom line results beat street analysts by $ 0.03 or 15.79 percent, at the same time, top line results outshined analysts by $ 3.32 million or 1.31 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of LRN was $ 48.00, representing a 218.73 % increase from the 52 week low of $ 15.06 and a 9.16 % decrease over the 52 week high of $ 52.84.
The company has a market capital of $ 1.97 billion and is part of the Consumer Defensive sector and Education & Training Services industry.
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Recent Analyst recommendations
- On 9th July 2020, downgraded by Sidoti to Neutral from Buy rating, with $ 34.00 target price.
Conference Call
K12 Inc will be hosting a conference call at 5:00 PM eastern time on 11th August 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.k12.com
K12 Inc., a technology-based education company, together with its subsidiaries, provides online curriculum, software systems, and educational services to facilitate individualized learning for students primarily in kindergarten through 12th grade in the United States and internationally. It also offers full-time programs virtual and blended public schools; full-time virtual programs, semester courses, and supplemental educational products; and teacher training, teaching, and other academic and technology support services to public schools, school districts, private schools, charter schools, early childhood learning centers, and corporate partners. In addition, the company provides FuelEd suite of offerings, such as K12 curriculum, FuelEd online courses, and FuelEd anywhere learning systems; Middlebury Interactive Languages; Stride; and the Big Universe literacy solutions.
