"Zovio (ZVO) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2019. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price."
"This for-profit education company is expected to post quarterly earnings of $0.14 per share in its upcoming report, which represents a year-over-year change of -73.6%."
https://finance.yahoo.com/news/analysts-estimate-zovio-zvo-report-143202129.html
Last year, the 10Q came out on July 25th. But I see no press release for this one. Interesting. Yahoo Finance estimates earnings will be out between July 23rd and July 29th. I recall the same thing happening with a delay in reporting, with Corinthian Colleges, ITT Education, and EDMC. Usually, the longer the wait, the more problems. That doesn't mean however that the numbers will look horrible. Creative accounting can go a long way...just as Bernie M.
Yes, Bridgepoint, I mean Zoovio, might need some creative accounting or at least creative writing about how much these new acquisitions will pay off very very soon and how there are no problems with the shareholders. Can't wait to listen to the Earnings Call, whenever that is. Might be worth listening to, but I wish we could put a polygraph on these guys when they talk.