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 : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Chi-X who wrote (2230)7/11/1999 10:52:00 PM
From: CanynGirl  Read Replies (1) | Respond to of 10027
 
Someone get out their calculator. I don't understand MLCO's math. He's estimating:
Revenues at 25% greater than Q1 which would be 228.4mil
Pre-tax income margin of 33% (was 35.4% in Q1)

33% of 228.4mil gives 75.372mil of pretax income for Q2

Using the same tax rate of 42%, you get .4372 cents eps for Q2

He's estimating .37.

What am I missing?