Hitch, See below reproduction-
Brian, gross margins are estimated to be in the low 30s, lets say 32%, net margin was approx 17.9 in the first quarter and a little over 18% in the 4th quarter. Rev is projected to grow 10-15% yr/yr for the 2nd quarter and for the year as a whole. Second quarter sales last year were 386,048,000---estimated growth this year 12.5% = sales of 434,304,000 x 18% = 78,174,720 /93.82 mil shares = .83 per share. I just threw this together so you should check out the numbers, but it should give you a rough estimate. Personally I feel that they will come in at .90+ for the second quarter.
Best Wishes
Hitch
Sounds fair. we'll need one other thing along with decent earnings, and that is some reassurance in the earnings release that earningslook OK going forward too.... Dooger
BTW- the "DANGER: DON'T CLICK HERE button in the WCW Homepage takes you to the nWo Newsletter... |
