RE:RE:RE:RE:why is market reacting like this to the quarters?If you annualize today's results, 2021 adjusted annual EPS is 4 x $0.14 = $0.56. It looks like the market is applying a lower multiple (about 30X) to these earnings to account for the slower growth suggested by today's results. This is lower than recent multiples which have been closer to 35X.
-GBG