Concordia Healthcare Corp. T.CXR.R

revenue beat, ebitda beat...

[themangokid]

...and earnings "missed" by two cents, 1.04 vs 1.06. in a vacuum, these numbers are fine as we ramp up towards 2016 and beyond. even if you lower current 2015 eps estimates from $4.42US to $4.35US ($5.68CAN) that's a 2015 p/e of 17.42 on a $99 share price. if we lower next year's earnings eps of $5.77US to $5.65US ($7.53US) that works out to a 2016 p/e of 13.14. slap a 15 multiple on $7.53 and that works out to $113. The earnings are fine, unless I'm missing some weird line item that spells doom. Just as important as the earnings will be the cc tomorrow and guidance regarding the m&a backdrop in the sector and outlook for the current business. my thoughts.

[foxhunter10]

I agree with you. I don't think they "missed" it at all.  I just read the RBC report recapping the earnings, and they have consensus at 1.05 EPS, and one in the group had the estimate at 1.33 which was an extreme outlier and increased the consensus by 0.06 cents.. so taking that into consideration..  Also, RBC had EPS at 0.94 so in their eyes it was definitely beating their

[themangokid]

yeah, scotia was expecting 91 cents, in their pre-earnings report. regarding the new rbc report, have they updated their eps estimates going forward or are they waiting for the cc tomorrow to give their estimates?

[cg16]

only 10 months of Covis in this report apparently. so run rate must be higher than reported in this report.