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Corinthian Colleges Inc. Message Board

  • bsapphire85 bsapphire85 Sep 16, 2005 9:49 AM Flag

    CC makes Zack's Rank 5 Sell List

    Here are the reasons given:

    Corinthian Colleges, Inc. (NASDAQ:COCO) met fiscal fourth-quarter expectations, but warned about 2006 earnings. At the beginning of September, the company reported profits of 13 cents per share. COCO, however, guided for fiscal 2006 earnings of 60-66 cents per share versus the then consensus estimate for 73 cents per share. As a result, eight of the 10 covering analysts cut their forecasts. The new consensus estimate calls for fiscal 2006 earnings of 58 cents per share.

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