Home » Analyst Views » K12 Inc (NYSE:LRN) Costs Of Goods Sold Stands At $607.756 Millions

K12 Inc (NYSE:LRN) Costs Of Goods Sold Stands At $607.756 Millions

on May 28, 2016

For the fiscal ended 2015-06-30, K12 Inc (NYSE:LRN) comprehensive income was $-1.065 millions and for the quarter ended 2015-06-30, it was $-1.065 millions.

K12 Inc (NYSE:LRN) posted $9.326 millions on net loss/income for the fiscal closed 2015-06-30. For the quarter ended 2015-06-30, it came at $9.326 millions.

Cost of goods sold

For the year ended 2015-06-30, K12 Inc (NYSE:LRN) costs of goods sold was $607.756 millions. This figure came at $607.756 for the quarter ended 2015-06-30.

The cost of goods sold is posted on the income statement and is stated as cost of the accounting period. By comparing the revenues from the goods sold and cost of the goods sold, the matching concept of accounting is achieved. Also, cost of goods sold deducted from the sales revenues represents gross profit. By adjusting the cost of the goods manufactured or purchased by the change in record of finished goods gives cost of goods sold.

Deferred revenue

K12 Inc (NYSE:LRN) current deferred revenue was $24.927 millions, for the year ending on 2015-06-30. It was $24.927 millions for the quarter closed 2015-06-30.

K12 Inc (NYSE:LRN) posted $7.692 millions for the fiscal ended 2015-06-30, which was $7.692 millions for the quarter closed 2015-06-30.

EBIT and EBIT margins

K12 Inc (NYSE:LRN) EBIT for the year ended 2015-06-30 and quarter 2015-06-30 came at $18.4271 millions and $18.4271 millions, respectively.

K12 Inc (NYSE:LRN) announced EBIT margin of 18.4271% and 18.4271% for the year ended 2015-06-30 and quarter ended 2015-06-30, respectively.

EBIT is a measure of a firm’s earning capacity from ongoing businesses, equal to earnings before subtraction of income taxes and interest. It excludes expenditure and income from unusual, discontinued or non-recurring activities. In event of a firm with minimal amortization activities and depreciation, EBIT is tracked closely by creditors, because it indicates the amount of funds that such a firm will be able to deploy to pay off creditors, also termed operating profit.

EBITDA and EBITDA margins

K12 Inc (NYSE:LRN) reported EBITDA of $18.4271 millions for the year closed 2015-06-30. EBITDA for the quarter closed 2015-06-30 was 18.4271 millions. For the fiscal ended 2015-06-30 EBITDA margin was 18.4271%

Book value

K12 Inc (NYSE:LRN) book value for the fiscal ended 2015-06-30 was $14.0065. The book value was $14.0065 for the quarter ended 2015-06-30.

Common shares count

K12 Inc (NYSE:LRN) common shares for the fiscal closing 2015-06-30 was 38.335. For the quarter ended 2015-06-30, there were 38.335 common shares outstanding.

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Pa. seeks financial, contract info from Agora Cyber Charter

Updated:May 24, 2016 — 6:39 PM EDT

by Martha Woodall, STAFF WRITER martha.woodall@phillynews.com @marwooda

The state Department of Education has expanded the scope of information that the Agora Cyber Charter School must provide by a deadline Friday.

A May 20 letter obtained by the Inquirer shows the department has directed the virtual charter based in King of Prussia to turn over detailed information about its finances, contracts and consultants.

Spokeswomen for the department and Agora confirmed the letter Tuesday.

The communication follows a May 16 letter in which the department told the charter with 8,500 students to submit accurate data on testing and attendance by the deadline or the department “will take appropriate actions against the school.”

The letters express the department’s growing impatience with Agora. Officials have been pressing the cyber for information about its operations since it laid off scores of employees in February without informing the state.

David W. Volkman, the department’s executive deputy secretary, wrote both letters.

He has told Agora that its problems providing requested information appear to be “another symptom of Agora’s ongoing operational issues.”

Since last August, Agora has been led by four leaders and experienced turnover on its board.

Last week, the current three-member board voted to retain Jon Marsh, the former CEO of 21st Century Cyber in Downingtown, to manage the school’s day-to-day operations and be an advisor.

In Volkman’s most recent letter, he asked Agora for monthly financial reports for this fiscal year; copies of contracts negotiated after Jan. 1 and copies of contracts with all independent consultants hired since Jan. 1, including Marsh.

JoAnn Gigliotti, an Agora spokeswoman, said in an e-mail Tuesday that the cyber was working to deliver the data and financial records the department requested.

The cyber has been seeking a five-year renewal of its operating agreement from the Education Department since October 2014. The department oversees Agora and the other 12 cyber charters, which provide online instruction to students in their homes.

“The department is continuing its comprehensive review of Agora Cyber Charter School as required to evaluate the school’s charter renewal,” a department spokeswoman said.

Agora is the second-largest cyber in the state. Its proposed budget for the current fiscal year of $110.2 million was based on an enrollment of 9,140 students, which it did not reach. The revenue comes primarily from taxpayer-funded tuition paid by students’ home districts.

Volkman has said that Agora’s problems recording student attendance raise concerns about whether the cyber is submitting accurate invoices to school districts and is billing for students who are no longer enrolled.

He also said that Agora’s data issues affect its ability to meet state and federal reporting requirements, which could jeopardize federal funding.

Many current and former Agora parents and staffers say some of Agora’s recent problems stem from the end of its management contract with K12 Inc., the for-profit company in Herndon, Va.

In 2014 the board voted to end K12’s management contract and said that Agora would begin managing itself in 2015-16.

According to some parents and teachers, Agora was not ready for the transition. They said numerous problems developed with the systems and software the cyber purchased to replace the technology that K12 had provided.

Volkman’s most recent letter asks for copies of contracts Agora awarded or renegotiated after Jan. 1 related to the cyber’s transition to self-management.

Pa. seeks more data from Agora Cyber Charter

Updated:May 25, 2016 — 1:08 AM EDT

by Martha Woodall, STAFF WRITER martha.woodall@phillynews.com

The state Department of Education has expanded the scope of information that the Agora Cyber Charter School must provide by Friday.

A letter dated last Friday and obtained by the Inquirer shows the department has directed the virtual charter, based in King of Prussia, to turn over detailed information about its finances, contracts, and consultants.

Spokeswomen for the department and Agora confirmed the letter Tuesday.

The communication follows a May 16 letter in which the department told the charter, with 8,500 students, to submit accurate data on testing and attendance by the deadline or the department “will take appropriate actions against the school.”

The letters express the department’s growing impatience with Agora. Officials have been pressing the cyber for information about its operations since it laid off scores of employees in February without informing the state.

David W. Volkman, the department’s executive deputy secretary, wrote both letters.

He has told Agora that its problems providing requested information appear to be “another symptom of Agora’s ongoing operational issues.”

Since last August, Agora has been led by four leaders and experienced turnover on its board.

Last week, the current three-member board voted to retain Jon Marsh, the former CEO of 21st Century Cyber in Downingtown, to manage the school’s day-to-day operations and be an adviser.

In Volkman’s most recent letter, he asked Agora for monthly financial reports for this fiscal year, copies of contracts negotiated after Jan. 1, and copies of contracts with all independent consultants hired since Jan. 1, including Marsh.

JoAnn Gigliotti, an Agora spokeswoman, said in an email Tuesday that the school was working to deliver the data and financial records the department requested.

The school has been seeking a five-year renewal of its operating agreement from the Education Department since October 2014. The department oversees Agora and the 12 other cyber charters, which provide online instruction to students in their homes.

“The department is continuing its comprehensive review of Agora Cyber Charter School as required to evaluate the school’s charter renewal,” a department spokeswoman said.

Agora is the second-largest cyber charter in the state. Its proposed budget for the current fiscal year of $110.2 million was based on enrollment of 9,140 students, which it did not reach. The revenue comes primarily from taxpayer-funded tuition paid by students’ home districts.

Volkman has said that Agora’s problems recording student attendance raise concerns about whether the cyber is submitting accurate invoices to school districts and is billing for students who are no longer enrolled.

He also said that Agora’s data issues affect its ability to meet state and federal reporting requirements, which could jeopardize federal funding.

Many current and former Agora parents and staffers say some of Agora’s recent problems stem from the end of its management contract with K12 Inc., a for-profit company in Herndon, Va.

In 2014, the board voted to end K12’s management contract and said Agora would begin managing itself in 2015-16.

According to some parents and teachers, Agora was not ready for the transition. They said numerous problems developed with the systems and software the school purchased to replace the technology that K12 had provided.

Volkman’s most recent letter asks for copies of contracts Agora awarded or renegotiated after Jan. 1 related to the transition to self-management.

K12 Inc (NYSE:LRN) Reported Basic Consolidated EPS Of $0.2498

April 21, 2016 1:55 pm

The yearly basic consolidated EPS for K12 Inc (NYSE:LRN) for the period ended 2015-06-30 was $0.2498. For the quarter ended 2015-06-30, the basis consolidated EPS was $0.2498.

EPS from continuing operations

The basic EPS from continuing operations as reported by K12 Inc (NYSE:LRN) for the period ended 2015-06-30 was $0.2498. For the quarter ended 2015-06-30, the respective number stood at $0.2498.

For any stock there may be numerous brokerage analysts tracking the company and releasing EPS projections. For over 20 years, Zacks has been following individual sell-side analyst projections and setting consensus EPS targets. The consensus projection is the mean of all the current projections made available by brokerages. Consensus estimates are considerably advantageous because they mitigate the risk of any single market analyst making an inaccurate forecast.

EPS contribution from parent

For the annual period closed 2015-06-30, K12 Inc (NYSE:LRN) received basic EPS of $0.2943 from its parent firm. On quarterly basis, the contribution from the parent firm for the period ended 2015-06-30 was $0.2943.

Basic net EPS

For the annual period closed 2015-06-30, K12 Inc (NYSE:LRN) posted basic net EPS of $0.29. On quarterly basis, the firm’s basic net per-share earnings for the quarter closed 2015-06-30 stood at $0.29.

Consolidated diluted EPS

The annual consolidated diluted per-share earnings reading for the period closed 2015-06-30 stood at $0.2479. For the quarter ended 2015-06-30, consolidated diluted EPS was $0.2479.

Basic diluted EPS

For the period ended 2015-06-30, diluted EPS number from continuing operation was $0.2479. For the quarter ended 2015-06-30, the respective number stood at $0.2479.

Net diluted EPS

Net diluted EPS number for the annual period closed 2015-06-30 was $0.29. For the quarter ended 2015-06-30, net diluted EPS was $0.29.

Diluted EPS from parent

From the parent company, K12 Inc (NYSE:LRN) obtained diluted EPS of $0.292 for the period ended 2015-06-30. On quarterly basis, the diluted EPS payment from the parent firm for the quarter ended 2015-06-30 was $0.292.

K12 Inc (NYSE:LRN) posted net basic EPS of $0.29 for the annual period closed 2015-06-30. For the quarter, this basic net EPS came at $0.29 for the quarter closed 2015-06-30.

The average basic shares outstanding for the fiscal ended 2015-06-30 is 37.331 while for the quarter closed 2015-06-30 is 37.331.

The diluted shares outstanding for the twelve-monthly period ended 2015-06-30 is 37.625 while for the quarter closed 2015-06-30 is 37.625.

Author: Enterprise Staff

K12 Inc (NYSE:LRN) $195.852 In Cash And Short-Term Investments As On 2015–0-6-30

By Stocks Daily StaffApril 14, 2016

K12 Inc (NYSE:LRN) reported accounts payable of $29.819 millions for the annual period ended 2015–0-6-30. The accounts payable for the quarter ended 2015–0-6-30 was $29.819 millions.

The change in accounts payable of K12 Inc (NYSE:LRN) at the end of the annual period ended 2015–0-6-30 was $-1.192 millions. For the quarter ended 2015–0-6-30 change in accounts payable stood at $-1.192 millions.

The current Deferred tax assets for the fiscal year 2015–0-6-30 stood at $8.989 millions. While for the quarter ended 2015–0-6-30 the current Deferred tax assets was $8.989 millions.

The change in assets and liabilities for the fiscal year ended 2015–0-6-30 stood at -5.909 millions. And the change during the quarter ended 2015–0-6-30 stood at $-5.909 millions.

Days sales in receivables ie., the average number of days it takes to collect outstanding receiveable amounts from customers for the fiscal year ended 2015–0-6-30 was 72.4562. While for the quarter ended 2015–0-6-30 it stood at 72.4562.

The change in the accounts receivables for the annual and quarter ended 2015–0-6-30 and 2015–0-6-30 was $-1.892 millions and $-1.892 millions respectively.

The change in inventory for the fiscal year ended 2015–0-6-30 was $2.853 millions, while for the quarter ended 2015–0-6-30 it stood at $2.853 millions.

The current portion of the outstanding debt for the fiscal year ended 2015–0-6-30 is 1.5 millions. And the outstanding debt for quarter ended 2015–0-6-30 is $1.5 millions.

K12 Inc. Second Quarter Fiscal 2016 Earnings Conference Call Details


January 14, 2016, 05:19:00 PM EDT

HERNDON, Va., Jan. 14, 2016 (GLOBE NEWSWIRE) — K12 Inc. (NYSE:LRN) announced today it plans to host a conference call to discuss its second quarter fiscal year 2016 financial results during a conference call scheduled for Thursday, January 28, 2016 at 8:30 a.m. eastern time (ET).

A live webcast of the call will be available at http://ift.tt/1SUA0SS. To participate in the live call, investors and analysts should dial (877) 407-4019 (domestic) or (201) 689-8337 (international) at 8:15 a.m. (ET). No passcode is required.  Please access the web site at least 15 minutes prior to the start of the call.

A replay of the call will be available starting on January 28, 2016 at 11:00 a.m. ET through February 28, 2016 at 11:00 a.m. ET, at (877) 660-6853 (domestic) or (201) 612-7415 (international) using conference ID 13627926. A webcast replay of the call will be available at http://ift.tt/1SUA0SS for 30 days.

About K12 Inc.

K12 Inc. (NYSE:LRN) is driving innovation and advancing the quality of education by delivering state-of-the-art, digital learning platforms and technology to students and school districts across the globe. K12’s award winning curriculum serves over 2,000 schools and school districts and has delivered more than four million courses over the past decade. K12 is a company of educators with the nation’s largest network of K-12 online school teachers, providing instruction, academic services, and learning solutions to public schools and districts, traditional classrooms, blended school programs, and directly to families. The K12 program is offered through K12 partner public schools in 33 states and the District of Columbia, and through school districts and public and private schools serving students in all 50 states and more than 100 countries.  More information can be found at K12.com.

K12 Inc.
Investor or Press Contact:
Mike Kraft, 571-353-7778
VP Finance & Corporate Treasurer
mkraft@k12.com

Source: K12 Inc.

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K12 Inc. Reports Financial Guidance for Full Year and First Quarter of Fiscal 2016


By GlobeNewswire,  October 14, 2015, 07:15:00 AM EDT



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HERNDON, Va., Oct. 14, 2015 (GLOBE NEWSWIRE) — K12 Inc. (NYSE:LRN), a technology-based education company and leading provider of proprietary curriculum and online school programs for students in pre-K through high school, today announced guidance for the full fiscal year ending June 30, 2016 (“FY 2016″) and the first fiscal quarter of 2016.

Fiscal Year 2016 Outlook

  • Revenues of $830 million to $865 million, compared to $948.3 million for the full fiscal year of 2015. The year over year decline is largely due to the Agora Cyber School shifting from a managed to non-managed program. The net impact of this transition is approximately $110 million for the year.
  • Operating income of $17 million to $23 million, compared to $18.4 million for the full fiscal year of 2015.
  • Capital expenditures, defined as curriculum development, software development, purchases of property and equipment and capitalized leases for student computers, of $70 million to $80 million, compared to $76.5 million for the full fiscal year of 2015.
  • Effective income tax rate of 39% to 41%.

First Quarter Fiscal Year 2016 Outlook

  • Revenues of $218 million to $222 million, compared to $236.7 million in the first quarter of FY 2015. The year over year decline is largely due to the Agora Cyber School shifting from a managed to non-managed program. The net impact of this transition for the first quarter is approximately $25 million.
  • Operating loss of $20 million to $22 million, compared to an operating loss of $13.2 million in the first quarter of FY 2015. Operating losses in the first quarter relate to the seasonality of SG&A costs at the beginning of every school year, which includes enrollment center and promotional expenses.
  • Capital expenditures, defined as curriculum development, software development, purchases of property and equipment and capitalized leases for student computers, of $15 million to $17 million, compared to $22.9 million in the first quarter of FY 2015.

The following table provides detail on student enrollments in Public School Programs as of the October count date. Public School Programs include both virtual and blended schools where a district or independent board has contracted with K12 to provide a full-time program of educational products and services. Enrollments are classified into Managed Programs and Non-managed Programs. Managed Programs include schools where K12 provides substantially all of the management, technology and academic support services in addition to curriculum, learning systems and instructional services. Non-managed Programs include schools where K12 provides curriculum and technology, and the school can also contract for instruction or other educational services. Non-managed programs, however, do not offer primary administrative oversight.

         
  Three Months Ended September 30, 2015 / 2014
   2015   2014  Change Change %
         
Managed Public School Programs (1,2,3)  104,429  118,609  (14,180) -12.0%
Non-managed Public School Programs (1,3)  27,754  20,630  7,124 34.5%

(1) If a school changes from a Managed to a Non-managed program, the corresponding enrollment classification would change in the period in which the contract arrangement changed.
(2) Public School Programs include enrollments for which K12 receives no public funding or revenue.
(3) Public School Program enrollments are equal to the official count date number, which is the first Wednesday of October in a year, or October 7, 2015 for Q1 FY16 and October 1, 2014 for Q1 FY15.

Special Note on Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We have tried, whenever possible, to identify these forward-looking statements using words such as “anticipates,” “believes,” “estimates,” “continues,” “likely,” “may,” “opportunity,” “potential,” “projects,” “will,” “expects,” “plans,” “intends” and similar expressions to identify forward looking statements, whether in the negative or the affirmative. These statements reflect our current beliefs and are based upon information currently available to us. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause our actual results, performance or achievements to differ materially from those expressed in, or implied by, such statements. These risks, uncertainties, factors and contingencies include, but are not limited to: reduction of per pupil funding amounts at the schools we serve; inability to achieve sufficient levels of new enrollments to sustain or to grow our business model; failure of the schools we serve to comply with regulations resulting in a loss of funding or an obligation to repay funds previously received; declines or variations in academic performance outcomes as curriculum and testing standards evolve; harm to our reputation resulting from poor performance or misconduct by operators or us in any school in our industry and in any school in which we operate; legal and regulatory challenges from opponents of virtual public education, public charter schools or for-profit education companies; discrepancies in interpretation of legislation by regulatory agencies that may lead to payment or funding disputes; termination of our contracts with schools due to a loss of authorizing charter; failure to enter into new school contracts or renew existing contracts, in part or in their entirety; unsuccessful integration of mergers, acquisitions and joint ventures; failure to further develop, maintain and enhance our technology, products, services and brands; inadequate recruiting, training and retention of effective teachers and employees; infringement of our intellectual property; non-compliance with laws and regulations related to operating schools in a foreign jurisdiction; entry of new competitors with superior competitive technologies and lower prices; and other risks and uncertainties associated with our business described in the Company’s filings with the Securities and Exchange Commission. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. All information in this release is as of October 14, 2015, and the Company undertakes no obligation to update any forward-looking statement to conform the statement to actual results or changes in the Company’s expectations.

Conference Call

The Company will discuss its guidance for fiscal year 2015 financial results during a conference call scheduled for Wednesday, October 14, 2015 at 8:30 a.m. eastern time (ET).

A live webcast of the call will be available at http://public.viavid.com/index.php?id=116570. To participate in the live call, investors and analysts should dial (877) 407-4019 (domestic) or (201) 689-8337 (international) at 8:15 a.m. (ET). No passcode is required.

A replay of the call will be available starting on October 14, 2015 at 11:00 a.m. ET through November 14, 2015 at 11:00 a.m. ET, at (877) 660-6853 (domestic) or (201) 612-7415 (international) using conference ID 13622167. A webcast replay of the call will be available at http://public.viavid.com/index.php?id=116570 for 30 days.

About K12 Inc.

K12 Inc. (NYSE:LRN) is driving innovation and advancing the quality of education by delivering state-of-the-art, digital learning platforms and technology to students and school districts across the globe. K12’s award winning curriculum serves over 2,000 schools and school districts and has delivered more than four million courses over the past decade. K12 is a company of educators with the nation’s largest network of K-12 online school teachers, providing instruction, academic services, and learning solutions to public schools and districts, traditional classrooms, blended school programs, and directly to families. The K12 program is offered through K12 partner public schools in approximately two-thirds of the states and the District of Columbia, and through private schools serving students in all 50 states and more than 100 countries. More information can be found at K12.com.

CONTACT: K12 Inc.
         Investor Contact:
         Mike Kraft, 571-353-7778
         VP Finance & Corporate Treasurer
         mkraft@k12.com
         or
         Press Contact:
         Frank Giancamilli, 703-483-1529
         Senior Manager Corporate Communicationsfgiancamilli@k12.com


Source: K12 Inc.

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K12 Inc (NYSE:LRN) Expected to Report $-0.26 Per Share

Oct 12, 2015
Markets Staff

All eyes will be on K12 Inc (NYSE:LRN) when the firm issues their quarterly earnings report, which is expected to go out this week. Analysts on Wall Street, on a consensus basis, are expecting the firm to report earnings of $-0.26 per share for the fiscal quarter. In comparing to last quarter, K12 Inc posted EPS of $0.18 for the period which ended on 2015-06-30.

Investors will be paying particularly close attention to how the expected EPS consensus number compares to the actual reported EPS. If the actual greatly differs from the consensus estimate, then a sharp price movement is likely in the days following the report. Last quarter the firm posted a surprise factor of 100. Before the earnings announcement, the standard deviation for the earnings per share estimates was 0.

Now taking a look at where research firms see the stock heading short term, the analyst consensus price target for K12 Inc (NYSE:LRN) is currently at $N/A. There are N/A analysts in total total that contribute to the Zacks consensus target. The most bearish price target has the stock at $N/A within the year. The most bullish analyst price target sees the stock at $N/A.

K12 Inc (NYSE:LRN) has an average broker recommendation of 2. This is based on a scale of 1 to 5 where a 1 would constitute a strong buy and 5 represents a strong sell recommendation. This number is based on the average of N/A brokers polled by Zacks Research. Comparatively, the stock had a rating of 2 three months ago.

$-0.26 EPS Expected for K12 Inc (NYSE:LRN) in Quarter

Sep 15, 2015
Markets Staff

Analysts on the Street are predicting that K12 Inc (NYSE:LRN) will report earnings of $-0.26 per share for the current fiscal quarter. This figure is representative of the total sell-side analysts polled by Zack’s Research covering the equity. Most recently K12 Inc (NYSE:LRN) reported earnings per share of $0.18 for the fiscal period ended on 2015-06-30.

The actual reported number was 0.09 away from the consensus mean at the time of the release, or a surprise factor of 100%.

In total, brokerage analysts polled by Zack’s have a consensus target price of $N/A on the name. This is the mean one year estimate based on the N/A polled research firms covering the equity. The latest revision which was taken into account in the consensus was posted on N/A.

The average broker recommendation (ABR) is an arithmetical calculation of the individual ratings contributed by sell-side analysts to produce a Consensus Analyst Rating for each stock. Ratings are scaled on a 1 to 5 scale where 5 represents a Strong Sell and 1 represents a Strong Buy. K12 Inc (NYSE:LRN) currently has an ABR of 2 based on N/A research analysts providing projections. Of this group, the broker that sees the biggest upside to the current stock price sees it reaching $N/A within the next 12 months. The most bearish analyst has the price target set at $N/A for the same one year time frame.

Looking further ahead at the long term growth projections for the company, analysts are anticipating earnings per share of $N/A for the current year. The analyst with the most positive view is estimating earnings per share of $N/A, while the most bearish is estimating EPS of $N/A for the year.

$-0.26 EPS Expected for K12 Inc (NYSE:LRN) in Quarter

Sep 15, 2015 Markets Staff

Analysts on the Street are predicting that K12 Inc (NYSE:LRN) will report earnings of $-0.26 per share for the current fiscal quarter. This figure is representative of the total sell-side analysts polled by Zack’s Research covering the equity. Most recently K12 Inc (NYSE:LRN) reported earnings per share of $0.18 for the fiscal period ended on 2015-06-30.

The actual reported number was 0.09 away from the consensus mean at the time of the release, or a surprise factor of 100%.

In total, brokerage analysts polled by Zack’s have a consensus target price of $N/A on the name. This is the mean one year estimate based on the N/A polled research firms covering the equity. The latest revision which was taken into account in the consensus was posted on N/A.

The average broker recommendation (ABR) is an arithmetical calculation of the individual ratings contributed by sell-side analysts to produce a Consensus Analyst Rating for each stock. Ratings are scaled on a 1 to 5 scale where 5 represents a Strong Sell and 1 represents a Strong Buy. K12 Inc (NYSE:LRN) currently has an ABR of 2 based on N/A research analysts providing projections. Of this group, the broker that sees the biggest upside to the current stock price sees it reaching $N/A within the next 12 months. The most bearish analyst has the price target set at $N/A for the same one year time frame.

Looking further ahead at the long term growth projections for the company, analysts are anticipating earnings per share of $N/A for the current year. The analyst with the most positive view is estimating earnings per share of $N/A, while the most bearish is estimating EPS of $N/A for the year.