Post by
dannyd9 on Mar 23, 2016 5:25pm
earnings
On an adjusted basis, CXR matched pretty well the lowest estimate on the street. On the revenue side, it crushed the average and low estimate. Going forward, will not have the many one time costs which affected eps this quarter and will have a full quarter of their most recent acquisition. Overall, an above average quarter. Think we will need to hear conference call to determine if mkt will bid it up based on next quarters estimate. Certainly, unlikely to soar based on these results, in my opinion.
Comment by
stockguy2015 on Mar 23, 2016 5:42pm
Depends on what your meaning of soar is. I think we will jump up 5 or 6 dollars tomorrow easy and possibly a lot more. A lot of people were sitting on the sidelines waiting to see what was going on. There would be a fair amount of shorts that would have stayed in looking for brutal numbers aswell.
Comment by
stockguy2015 on Mar 23, 2016 5:57pm
Year-over-year revenue growth of $289 million or an increase of 276 per cent Year-over-year adjusted EBITDA1 growth of $206 million or an increase of 347 per cent Reaffirms guidance2 of $1,020 million to $1,060 million in revenue and adjusted EBITDA1 of $610 million to $640 million These aren't just ok numbers they are a heck of a lot better than most expected after VRX's mess IMO
Comment by
kender77 on Mar 23, 2016 6:23pm
I'm no fundamentalist but compared to Valeant's results, this should look might good to investors considering the extreme pessimism in the pharma sector. CEO bought at 45. Makes sense he did now.
Comment by
fep2009 on Mar 23, 2016 6:28pm
I agree with you on the share price I would think it will go back up to the 45.00 level that it was crusing at before everyone panicked over Vrx. This just shows Cxr is not Vrx let the good times roll glad I kept my shares. Regardless these health companies even Vrx aren't going anywheres anytime soon.
Comment by
fdfd12 on Mar 23, 2016 6:41pm
STOCKGUY, I see nothing in this report to jump $5 or $6 tomorrow. I see a nice steady gradual rise over time but not what you said.
Comment by
Investor198 on Mar 23, 2016 6:50pm
This post has been removed in accordance with Community Policy
Comment by
fdfd12 on Mar 23, 2016 7:20pm
OK here we go again. Where is NUTWRONG. INVESOTOR198 is the only pumper we know. What do you see that there will be a jump of $5? They missed on earnings and they guided the same as they did before. What I am missing that is OUTSTANDING? It is a good Q for a stock trading at 4x. Time for it to trade 10X.
Comment by
fdfd12 on Mar 24, 2016 9:44pm
Unfortunatly, I rest my cas to you all.
Comment by
Investor198 on Mar 24, 2016 10:02pm
Are you OK ?? I hope ur not drunk