RE:Net income (Q1 + Q2) > net income (Q3 + Q4)Torontojay wrote: Some number crunching based on historical analysis suggests that net income from the first half of the year ($9.5m) will exceed net income in the second half of the year. Net income for the year should come in lower than $19m excluding any non recurring gains.
The best quarter for the company has always been the second quarter followed by the third quarter and then the fourth quarter.
You do realize that last fiscal year net earnings for he six month period was 35.6 million and full year net income was 77.7 million. I would say the second half was > the first half. Not sure how pertinent pre covid/ bankruptcy numbers are here.
With your estimate we would still have earnings of $.36 to $.38 per share for the year.