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Strategies & Market Trends : USHG - Anyone know Estimated earnings?

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To: Kamil Etem who wrote (329)1/27/1999 10:12:00 PM
From: KLH  Read Replies (1) of 408
 
Zacks shows a mean estimate of -.03. Why a "splash".
What was First Calls?
--snip--
Robert Kassel, President and CEO, stated, ''The results for the quarter
were right on target with analyst expectations. Although this quarter
represents only 15% of this year's estimated sales, our fixed costs
remain even through the year impacting operating margins on a quarterly
basis which should have no effect on the company meeting analyst
consensus estimates of $0.40 E.P.S. for the fiscal year ending June 30,
1999. The company also achieved a significant accomplishment in the
quarter by closing the Ampro Industries acquisition, which will add over
$20 million in annualized sales. Regarding additional acquisitions, the
company continues to explore acquisition opportunities that add
synergistic brands to its growing product offering.''

-snip-
Regards

Karl
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