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Gold/Mining/Energy : Trico Marine Services (TMAR) -- Ignore unavailable to you. Want to Upgrade?


To: KewlHand who wrote (880)10/8/1998 5:49:00 PM
From: Gameboy  Read Replies (1) | Respond to of 1153
 
First Call mean earnings estimate for TMAR for this third quarter is 20 cents/share (on Sept 30, Robinson Humphries lowered its estimate to 15 cents/share).

TDW is already scheduled on the Briefing.com earnings calendar with a date of Oct 20; Zacks estimate is shown as 80 cents/share compared to $1.07 last year. Haven't seen HMAR or TMAR scheduled yet.

HMAR and TDW are both highly profitable companies, as has been TMAR. The incredibly low earnings estimates given to TMAR - and the correspondingly low share prices - are what continue to attract me to this stock. It seems to me that it would be hard for TMAR to slip and fall; it carries practically no expectations.

Last 12 months, earnings from operations for TMAR, HMAR, and TDW were $2.26, $2.01, and $3.99 respectively and the PERs are 2.13, 3.23, and 4.40. I may be a knucklehead, but for my money, HMAR and TDW will have to prove they deserve PERs 50 and 100% higher than TMAR.

I like them all, though, and I have undying faith that the neverending oil glut will end and the US will be scrambling to produce all the oil it possibly can.

Best of luck,

Steve