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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by visionaryfoolon Mar 23, 2016 6:02pm
423 Views
Post# 24695101

RE:RE:RE:earnings

RE:RE:RE:earnings
I'd have to agree with DannyD9, they missed Q4 earnings by 8 cents USD but they beat full year earnings estimate of $4.35USD vs. actual of $4.38USD.

The revenue crushed it and I think the big payoff will be in Q1 when they have NO acqusition costs. Might be deliberate from management to show the street that the Company is able to generate strong EPS if they stop having one time costs.

I'm hoping for a $1 to $2 dollar bump tomorrow but nothing outta the park - unless we hear something on the call. I'm a bit surprised also that they have $155M in CASH. I REALLY hope someone asks Mark WTF is going on with that. Why not pay down some debt. I have a feeling they are gona announce an acquisition soon.
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