Concordia Healthcare Corp. T.CXR.R

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Concordia Healthcare Corp. > Hedging and Quarterly earnings

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Comment by dudsywowon Mar 27, 2016 12:33am

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Post# 24702607

RE:RE:RE:RE:RE:RE:RE:Hedging and Quarterly earnings

RBC's new estimate to account for Fx headwinds lowers 2016 EBITDA from $618M to $608M; a drop of $10M (or around $0.20/share impact).

sunshine7 wrote: Let me get it started without much research. Say $400M in sales from GB and 5% loss from forex issues. That is $20M loss from a total revenue of $1B. Remind me again how this is significant enough to drop the SP 10-20%?

sunshine7 wrote:
ok. Seems there are a few smart people here to put some numbers to the issue. USD vs bp is off by 7% but euro is up vs USD by a bit less. Now euro is up vs bp by 10% this quarter. There, sharpen your pencils and come up with some numbers if you can:)