K12 Earnings: What Investors Should Watch
K12 (NYSE:LRN) will report earnings before markets open on Friday, May 3rd. K12 Inc. is a technology-based education company. The Company offers proprietary curriculum, software and educational services created for online delivery to students in kindergarten through 12th grade, or K-12.
Here is your Cheat Sheet to K12 Earnings:
Earnings Expectations: Analysts expect earnings of $0.23 per share on revenues of $212.85 million. Currently, the company’s P/E ratio stands at 43.66.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.09 to a profit $0.11. For the current year, the average estimate is a profit of $0.69, which is better than the estimate ninety days ago.
Here’s how K12 has been performing on an annual basis:
|Revenue ($) in millions||226.24||315.57||384.47||522.43||708.41|
|Diluted EPS ($)||1.10||0.42||0.71||0.37||0.45|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||166.50||178.18||170.40||221.10||206.03|
|Diluted EPS ($)||0.11||0.18||0.0501||0.11||0.24|
K12 has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)