RE:A serious question to ask tooOuthere wrote: Was the earnings call put on Thur Aug 1st because they'll miss and they know DD will be approved next Friday which they're hoping will stop the downward price action after a miss?
I'm hopefully this is not the case, but certainly a possible scenario.
Or the same could be said, does DD get approved today, price momentum carries into next week and good earnings help keep the party going. A bit of a stretch this scenario but the first I described is possible.
August 5 is holiday. So most likely that is why ER is on August 1.
In terms of ER . Nothing really points to it being a miss. You have OSC selling through quickly. New packaging coming through. That means old product (packaging has sold through) so margins should be improving . Irwin already indicated no further writedowns. APHIV and V in full crop rotation . I just do not see any red flags on this ER.