GREY:IPPQF - Post by User
Post by
mcv1on Aug 11, 2014 11:20am
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Post# 22828251
Q2 Earnings Expectations (3-4 cents)
Q2 Earnings Expectations (3-4 cents)Trailing 12 Month (TTM) earnings are 9 cents now. So with a current stock price of $1.50 that means a PE of about 16.7.
Since the first 2 quarters had 2 cents of earnings, it is hoped we can get 11 cents of earnings for this year. That means hoping for 3-4 cents for this quarter and 5-6 cents for next quarter.
Given all the recent restructuring I may be setting my hopes a bit too high. So some patience might be necessary. That said assuming FAS deal is approved it should mean huge new business for IPC and the future will take care of itself.
Earnings should be coming any day now - likely this week. So we don't have long to wait...