Post by
Strohs16 on May 06, 2021 1:42pm
Earnings out - mid afternoon earnings release?
Weird they released earnings during business hours....Looked to be pretty good earnings, spike i price up to $74.90, dropping now.
Anyone out there have insight on their earnings?
glta
Comment by
biggerr on May 06, 2021 7:24pm
Their EPS has more than doubled compared to Q1 last year and will be almost $10 if next Q's will be similar. Right now the SP is based on $4 EPS per year, so the SP should be doubling given the same SP to EPS ratio. They also have a good exposure to EV's which is all the rage now and to agriculture with rising food prices