Well, as you know already, it is pretty hard to please the market these days. Nothing seems to be good enough.
The problem is the "guidance" given going forward as reported by Briefing.com - down 0.02 cents in earnings and 3 mln in revenue - terrible, terrible, terrible - worth at least a 13 percent downdraft don't you think - after all, with the "precision" of the estimates put forth by the analysts as a routine matter, the implications are enormous. LTXX consensus earnings for this year is 0.01 and next year is 1.02. Predicting 0.02 less for next quarter should be worth at least a 13 percent "haircut" don't you think?:-)
<<07:04 ET LTX Corp reports in line, guides Q4 below consensus (LTXX) 11.62: Reports Q3 (Apr) earnings of $0.07 per share, in line with the Reuters Research consensus of $0.07; revenues rose 144.1% year/year to $70.3 mln vs the $70.3 mln consensus. Co also guides, sees Q4 EPS of $0.12-0.14, vs the R.R. consensus of $0.15, and revenues of $77-80 mln, vs an estimate of $81.6 mln.>>
Don |
