SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Interactive Brokers / Timberhill

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sams291 who wrote (7353)5/1/2007 2:22:27 PM
From: Carl Worth  Read Replies (1) of 9012
 
well just as a starter, saying that Q1 coming in around the average of last year's quarters indicates a flat to down performance is errant

as an example, say a company reported .70, .80, .90 and 1.00 for last year's four quarters, showing sequential growth in earnings...that's an average of .85 a quarter

now let's say they report .85 for Q1 of this year...the previous posts would suggest that that would indicate a flat (at best?) quarter year over year...obviously that is not the case, if the earnings were .85 vs .70

when a company is growing its revenues by 30% in a given year, it's more likely than not that the growth was incremental by quarter, rather than a sudden gain from dec 31 to jan 1, that then carried through the rest of the year

as such, it's very unlikely that Q1 was flat with Q1 of last year...the math just isn't logical to get to that conclusion
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext