RE:RE:Copper
I had a look and the price of copper from Oct to Dec 2020 had a low of $2.83 and a high of $3.64. The average would be $3.24. With copper in this range CMMC had 10 cents EPS in Q4. From Jan to March 5 the low for copper was $3.49 and the high was $4.37 the average was $3.93. So, I can't see how Q1 would be worse than Q4. All IMO! always DYODD for goodness sakes,lol
Better to look at cash flow from operations or FFO. EPS is affected by things like depreciation which tend to decline over time. So if the company gets 50cents more per pound, that could translate completely to cash flow and EPS disproportionately to the % increase in price/lb.