SMIT (Schmitt Inds)likely to post 400% earnings gain YoY Message Board

STOCKTALK

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.

Technology Stocks : SMIT (Schmitt Inds)likely to post 400% earnings gain YoY

SMIT 0.0155

+3.3%

Oct 14 2:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael Greene who wrote (146)	3/4/1997 12:06:00 AM
From: Pat	of 276

I noticed that SMIT revenue figures, which were released today, are basically flat when compared to the previous quarter. Accompanying EPS figures have not been released (that I know of). From what I can gather on this thread, Red Chip Review has projected basically flat earnings of 0.10, vs the prior quarter of 0.09. However, they did project revenue growth of approx 25% (which they didn't meet). Anyway, I was wondering if anyone could shed some light on why RCR is projecting flat earnings but increased sales. That is, are there non-recurring costs factored in that are driving down their EPS estimates? I don't have access (that I know of) to the Red Chip Review, so I am hoping someone who subscribes to it, can clarify this for me. Pat McGuirk

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next