K12 (LRN) to Release Quarterly Earnings on Tuesday

Posted by Rick on Apr 27th, 2015 // No Comments

K12 (NYSE:LRN) is scheduled to be announcing its earnings results on Tuesday, April 28th. Investors that wish to listen to the company’s conference call can do so using this link.

K12 (NYSE:LRN) last announced its earnings results on Thursday, January 29th. The company reported $0.33 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.29 by $0.04. The company had revenue of $231.20 million for the quarter, compared to the consensus estimate of $229.61 million. During the same quarter in the prior year, the company posted $0.36 earnings per share. The company’s quarterly revenue was up 3.3% on a year-over-year basis. On average, analysts expect K12 to post $0.66 EPS for the current fiscal year and $0.39 EPS for the next fiscal year.

Shares of K12 (NYSE:LRN) opened at 15.51 on Monday. K12 has a 1-year low of $10.07 and a 1-year high of $26.20. The stock has a 50-day moving average of $16. and a 200-day moving average of $14.. The company has a market cap of $571.96 million and a P/E ratio of 17.69.

On the ratings front, analysts at Wells Fargo & Co. downgraded shares of K12 from an “outperform” rating to a “market perform” rating in a research note on Friday, January 30th.

K12 Inc (NYSE:LRN) is a technology-based education company. K12 offers curriculum, software systems and educational services designed to facilitate individualized learning for students primarily in kindergarten through 12th grade, or K-12.

Receive News & Ratings for K12 Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for K12 and related companies with Analyst Ratings Network's FREE daily email newsletter.

K12 revenue, enrollment up – Washington Business Journal

K12 revenue, enrollment up

Jan 29, 2015, 10:55am EST

Herndon-based education software maker K12 Inc. posted higher quarterly revenue and had a profitable quarter after losing money in the same quarter a year ago.

Its stock soared in New York Stock Exchange trading after the earnings release.

K12 reports fiscal second quarter revenue of $231.3 million, compared to $223.9 million in the same quarter a year ago.

Quarterly net income was $12.3 million, or 33 cents per share, compared to a net loss of $3.7 million, or 9 cents per share a year earlier. K12 had several one-time expenses a year ago.

Total enrollment rose 0.9 percent and revenue per enrollment was up 3.2 percent.

K12 forecasts fiscal 2015 third quarter revenue of $230 million to $240 million.

K12 stock (NYSE: LRN) rose $1.40, or nearly 13 percent, to $12.45 in Thursday trading. Its stock has lost more than 40 percent of its value in the last year.

Jeff Clabaugh covers general assignment and provides business coverage for WTOP.

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Why K12 Inc. Shares Moved to the Head of the Class Today

By Alex Planes | More Articles

January 29, 2015 | Comments (0)

This article originally appeared as part of ongoing coverage in our premium Motley Fool Rule Breakers service… we hope you enjoy this complimentary peek!

What's happening?

Shares of K12 (NYSE: LRN ) shot more than 25% higher in early trading on Thursday after the for-profit online primary and secondary school operator reported fiscal second-quarter results above Wall Street's expectations.

Why it's happening

K12's revenue was $231.3 million for the quarter, which produced earnings of $0.33 per share. Both results topped Wall Street analyst projections – the consensus had called for $229.6 million in revenue and $0.29 in EPS. The company's total net enrollment grew by 1,183 students from the year-ago period, with growth in non-managed programs (up by 5,919) more than offsetting a decline in managed program enrollment (down by 4,736).

K12 now expects to generate revenue in the range of $230 million to $240 million for its fiscal third quarter, with operating income ranging from $20 million to $24 million. K12's operating income was $20.5 million for the second quarter, so the company could feasibly report earnings in the range of $0.32 to $0.35 for the third quarter, if its bottom line moves at a similar rate to its top line. These estimates look a little low compared to the current consensus, which calls for $239.3 million in revenue and $0.37 in EPS. However, investors seem content to cheer today's beat after enduring a long slide that's seen their shares lose 38% of their value in the past year, even after accounting for today's pop.

Alex Planes has no position in any stocks mentioned. The Motley Fool recommends K12. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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K12 (LRN) to Release Quarterly Earnings on Thursday

Posted by Joseph Griffin on Jan 28th, 2015 // No Comments

K12 (NYSE:LRN) will issue its Q215 quarterly earnings data on Thursday, January 29th. Analysts expect the company to announce earnings of $0.29 per share and revenue of $229.61 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

K12 (NYSE:LRN) last announced its earnings results on Thursday, October 30th. The company reported ($0.18) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.02. The company had revenue of $236.70 million for the quarter, compared to the consensus estimate of $233.99 million. During the same quarter in the previous year, the company posted ($0.13) earnings per share. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. On average, analysts expect K12 to post $0.63 EPS for the current fiscal year and $0.35 EPS for the next fiscal year.

Shares of K12 (NYSE:LRN) opened at 11.59 on Wednesday. K12 has a 52 week low of $10.07 and a 52 week high of $26.20. The stock’s 50-day moving average is $11.46 and its 200-day moving average is $15.61. The company has a market cap of $426.7 million and a price-to-earnings ratio of 25.64.

K12 Inc (NYSE:LRN) is a technology-based education company. K12 offers curriculum, software systems and educational services designed to facilitate individualized learning for students primarily in kindergarten through 12th grade, or K-12.

Receive News & Ratings for K12 Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for K12 and related companies with Analyst Ratings Network's FREE daily email newsletter.

• Public schools are paid for by state and federal taxes; however, corporate tax avoidance is devastating inner-city schools. An analysis of 25 of the nation’s largest corporations shows a total state tax payment of a third of the required tax. Read more here.

Jeb Bush’s Foundation for Excellence in Education promotes expanding charter schools, vouchers and most notoriously, the virtual education company, K12, Inc. New emails show the role he has played in being a “backdoor vehicle for major corporations to urge state officials to adopt policies that would enrich the companies.Read more here.

• In Michigan, a charter school operated for over ten years before fraud and fiscal mismanagement was exposed. Now, the founder is under federal indictment for seven criminal charges of bank fraud and tax evasion. Read more here.

• In 2014, fraudulent charter schools misused, lost or wasted over $100 million in taxpayer money. Here is a year-end wrap up of charter school scandals. Read more here.

• As York City, Pennsylvania considers giving Charter Schools USA complete control of the school district, the company still has limited knowledge of York students’ ESL and special education needs. Read more here.

• A for-profit college that was sued by the federal Consumer Financial Protections Bureau is moving into the charter school sector. CFPB alleges that the school “sacrificed its students’ futures by saddling them with debt on which it knew they would likely default.” Read more here.

The post Charter School News appeared first on Cashing in on Kids.

K12 (LRN) Scheduled to Post Earnings on Thursday

K12 (LRN) Scheduled to Post Earnings on Thursday

K12 (NYSE:LRN) is scheduled to post its Q215 quarterly earnings results on Thursday, January 29th. Analysts expect K12 to post earnings of $0.29 per share and revenue of $229.61 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

K12 (NYSE:LRN) last posted its quarterly earnings results on Thursday, October 30th. The company reported ($0.18) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.02. The company had revenue of $236.70 million for the quarter, compared to the consensus estimate of $233.99 million. During the same quarter in the previous year, the company posted ($0.13) earnings per share. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. On average, analysts expect K12 to post $0.63 EPS for the current fiscal year and $0.35 EPS for the next fiscal year.

K12 (NYSE:LRN) opened at 11.69 on Tuesday. K12 has a one year low of $10.07 and a one year high of $26.20. The stock’s 50-day moving average is $11.46 and its 200-day moving average is $15.6. The company has a market cap of $430.4 million and a price-to-earnings ratio of 25.31.

K12 Inc (NYSE:LRN) is a technology-based education company. K12 offers curriculum, software systems and educational services designed to facilitate individualized learning for students primarily in kindergarten through 12th grade, or K-12.

Receive News & Ratings for K12 Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for K12 and related companies with Analyst Ratings Network's FREE daily email newsletter.


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5 Stock in Different Moves: Uroplasty (NASDAQ:UPI), Verastem (NASDAQ:VSTM), Western Gas Partners LP (NYSE:WES), K12 (NYSE:LRN), AmeriGas Partners (NYSE:APU) | Property Mentor Group

K12 Inc. (NYSE:LRN) announced it plans to host a conference call to discuss second quarter fiscal year 2015 financial results during a conference call scheduled for Thursday, January 29, 2015 at 8:30 a.m. eastern time (ET). K12, Inc. (NYSE:LRN) has 2.80% insider ownership while its institutional ownership stands at 90.60%. In last trading activity company’s stock closed at $11.54.

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Press Release

K12 Inc. Second Quarter Fiscal 2015 Earnings Conference Call Details

Published: Jan 15, 2015 10:26 a.m. ET

HERNDON, Va., Jan 15, 2015 (GLOBE NEWSWIRE via COMTEX) –

K12 Inc. LRN, -2.35% announced today it plans to host a conference call to discuss second quarter fiscal year 2015 financial results during a conference call scheduled for Thursday, January 29, 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=112436. 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 29, 2015 at 11:00 a.m. ET through February 28, 2015 at 11:00 a.m. ET, at (877) 660-6853 (domestic) or (201) 612-7415 (international) using conference ID 13598377. A webcast replay of the call will be available at http://public.viavid.com/index.php?id=112436 for 30 days.

About K12 Inc.

K12 Inc. LRN, -2.35% 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 K12program is offered through K12partner 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 Investor Relations mkraft@k12.com or Press Contact: Anthony Guglielmi, 571-392-2737 Director Corporate Communications aguglielmi@k12.com 

Copyright (C) 2015 GlobeNewswire, Inc. All rights reserved.

The MarketWatch News Department was not involved in the creation of the content.

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K12 Hits New 1-Year Low at $10.74 (LRN)

Posted by Nolan Pearson on Jan 6th, 2015 // No Comments

K12 (NYSE:LRN)’s share price hit a new 52-week low on Tuesday , AmericanBankingNews.com reports. The company traded as low as $10.74 and last traded at $10.77, with a volume of 97,340 shares changing hands. The stock had previously closed at $11.30.

Separately, analysts at Barrington Research downgraded shares of K12 from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 9th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $20.00.

The stock’s 50-day moving average is $11.95 and its 200-day moving average is $17.03. The company has a market cap of $387.7 million and a price-to-earnings ratio of 24.78.

K12 (NYSE:LRN) last released its earnings data on Thursday, October 30th. The company reported ($0.18) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.20) by $0.02. The company had revenue of $236.70 million for the quarter, compared to the consensus estimate of $233.99 million. During the same quarter in the prior year, the company posted ($0.13) earnings per share. The company’s quarterly revenue was up 3.6% on a year-over-year basis. Analysts expect that K12 will post $0.63 EPS for the current fiscal year.

K12 Inc (NYSE:LRN) is a technology-based education company.

Receive News & Ratings for K12 Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for K12 and related companies with Analyst Ratings Network's FREE daily email newsletter.

Stocks Under Consideration-Select Income REIT(SIR), Campus Crest Communities (CCG), K12 Inc. (LRN), Net Element International (NETE) | Techsonian

K12 Inc. (NYSE:LRN) is pleased to announced its financial position that during fiscal year 2014, the Company sold certain businesses which, in aggregate, were responsible for $16.9 million in revenue for the full year and were close to breakeven for the year. Excluding the impact of these businesses, revenue for the first quarter of FY 2014 would have been $224.9 million.

K12 Inc. (NYSE:LRN)decreased -0.90% to close at $12.14 in the last trading session and its total traded volume was 729,478 shares versus average volume of 505,282. The company has market cap of $470.99 million.