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Surging Earnings Estimates Signal Good News for Corinthian Colleges (COCO)
By Zacks Equity ResearchMarch 6, 2014 5:57 AM
Corinthian Colleges Inc. (
COCO) is a California based company which provides post secondary education and could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on COCO’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Corinthian could be a solid choice for investors.