RE: Waiting for analyst estimatesI am going to guess, it will be between - 30 cents to - 40 cents EPS, but it depends on
how much Bonds'swaps they execute.
Most of the Analysts have not yet come out with their estimates since the last Quarter.
Did you factor in the $700M write off?
Well in the last Quarter they beat estimates, but the stock still tumbled over $4.00
Guess the bad markets and interest rate news are already factored in the present Stock Price.
However MFC has made a fallen wedge formation and is now position for a Bull rally.
Falling Wedge
Prior Trend: To qualify as a reversal pattern, there must be a prior trend to reverse. Ideally, the falling wedge will form after an extended downtrend and mark the final low. The pattern usually forms over a 3-6 month period and the preceding downtrend should be at least 3 months old. are already factored into the price.