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Non-Tech : American Coin Mrch (AMCN)-High Growth Vehicle
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To: Mr. Jimmy who wrote (50)11/6/1998 6:19:00 PM
From: stockster  Read Replies (1) of 68
 
Mr Jimmy - You and me both. I tried catching it at low 10 and then low 9. I didn't think it had a shot a getting as low as LoLo got it. The big question in my mind now is what really is the EPS for this quarter? The whisper number is 0.26 which we know is wrong! The press release indicates an EPS lower than the 2Q which was 0.21. With the consensus estimate being 0.23, what is the actual? I called the company and was told that earnings would be released on Wednesday morning before the market opens (assuming the market is open on Veterans Day). After the 1Q, the number of diluted shares increased from over 5.5M to 6.6M giving an EPS of 0.38 for 6 months. With operating expenses and interest expense increasing this quarter per the PR, how much did this affect the net income? The PR did say AMCN had higher gross profits and revenues. One would think that even if the analyst's estimate was higher than the actual, the actual would not be very low ex: 0.5. - 0.14 as someone estimated on the Yahoo board. Does anyone have any idea what the net earnings were, whether or not the diluted shares increased this quarter, and a guess at the estimate?

Stockster

P.S. Hey LoLo - hopefully we can keep the "loosers" off this thread :)
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