RE:RE:RE:RE:RE:Beacon's targetsThey keep talking about REVENUE. They talk about EBITDA.
They hardly ever want to mention EARNINGS (and even worse: EARNINGS PER SHARE as they continue to dilute over and over again).
We get it. You dilute and you go into debt to buy out other companies. That results in more revenue. Let's talk EARNINGS PER SHARE as you continue to dilute. I recall a year ago or so we were supposed to be at 10 or 15 cents per share in earnings by now. The EPS estimates quietly keep being revised downwards.
This is what yahoo finance has now:
Year ago EPS 0.05
Current Year EPS 0.02 (average estimate)
Next Year EPS 0.07 (consensus estimate among 4 analysts).
I think investors need to know about ORGANIC GROWTH and EARNINGS and EARNINGS PER SHARE. That's the last thing management wants to talk about. A year ago, they were not forecasting that they would make less income and lower earnings per share than the previous year.
Is this going to be another one of those companies where the more revenue they make, the less they earn per share? I would wait for this company to show me EPS of 0.10 in a year (which was promised long ago) before investing. We may never get there.
I want to see them CONSISTENTLY GROW EARNINGS PER SHARE. Growing revenue is not enough. You cannot eat revenue. Why are earnings so much lower than we thought they would be? Is it one time costs? These one time costs keep happening almost every year as they continue to dilute and go into debt to buy a new company each year.