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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

Concordia Healthcare Corp. > TD's earnings Forecast as of Apr. 28
View:
Post by cg16 on May 02, 2016 2:05pm

TD's earnings Forecast as of Apr. 28

TD says that the mean estimate for Q1 increased from $1.35 to $1.37. - not surprised now after what MT said in the AGM. "...looking forward to Q1... our results will speak fo themselves.."
Mean is $6.21for the year. - will be interesting to see what someone will pay for cash like this.. even if they missed by 10% its still alot of cash..

  Q1 2016 Q2 2016 Q3 2016 Q4 2016
Current Mean
$1.37
$1.52
$1.63
$1.69
Standard Deviation
0.07
0.06
0.07
0.08
Previous Mean
$1.35
$1.53
$1.65
$1.74
Low Estimate
$1.25
$1.45
$1.56
$1.61
High Estimate
$1.44
$1.59
$1.73
$1.78
Number of Brokers
5
5
5
5
Comment by TheRock07 on May 02, 2016 2:22pm
Shorters cant find any sellers and they have 5 million shares to cover. CXR is now trading at 4.1 times 2016 net earnings. According to BMO, the average multiple for this sector is 27.14 times net earnings. This is an exemplary opportunity to buy and reap big rewards when we get taken out at or above $60 US.
Comment by BENNIEPENNY on May 02, 2016 2:25pm
Your lost in space man. Get to reality.
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