<<HARRY - If anyone can remember as far back as July, ASND warned they had only
made .02 on what was supposed to be a .09 month (under the 9/9/18 scenario for the
Q). - And for those of you who don't do math, ASND cannot reach expectations
unless it can make up that 3 1/2 per month and there's been nothing to say it will.>>
Casey, are you STILL spreading that $0.02 vs $0.09 Bulls**t? You must
not have finished high school let alone college. How can you still
be spreading that misinformation? I tried to explain (simply so even YOU
could understand it) that earnings can't be figured that way. The
fixed costs used in the calculation were not stated, so you can't
use that $.02 to extrapolate anything. Stop spreading misinformation.
From my post on Sept 7th:
For the third time - earnings are not linear with revenue.
The $.09 figure comes from 1/4 of the $.36 estimate for the qtr.
If revs come in at 25%, 25%, 50% for this qtr, earnings can and
will accellerate - let me explain with a simple analogy.
Say company "A" has 100 shares of stock outstanding and is
"expected" to earn $0.40 for it's third quarter. Fixed costs are $60,
and variable costs are 50% of sales. Therefore revenues have to be
$200 to earn $.40. ($200 revs - $100 var costs - $60 fixed costs) / 100 shares.
Now assume revs come in at 25%,25%,50% (sound familiar?) or $50, $50,
$100. Assume fixed costs are spread equally (e.g. $20) each month.
July earnings: ($50 revs - $25 Var - $20 fixed) = $.05 per share.
August earnings: ($50 revs - $25 Var - $20 fixed) = $.05 per share.
September earnings: ($100 revs - $50 Var - $20 fixed) = $.30 per share.
September earnings are 6 times July earnings on only doubled revenues!
This is why the $.02 is worthless for a projection. We don't know
the details used in the calculations. If the revs come in at 20%, 30%,
50% (which may be closer for ASND) you get July break-even, Aug $.10,
Sept $.30, which is still $.40 for the qtr. |
