OTCPK:STZHF - Post by User
Comment by
fishcarrieron Nov 02, 2021 11:31am
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Post# 34077387
RE:RE:EPS Estimates & Prices Realized
RE:RE:EPS Estimates & Prices Realized My ESP is above $8.
I assume steel sold at $600 per ton more in Q3 That would be (1292+600=)1892. In Q2 STLC earned 4.28 per share on 13% more shares.I'm going to assume the 13% will cover any exigencies unforseen. Then,
600x 679000 tons =$407,400,000 Multiply by 3/4 to cover the taxes, thus $305,550,000. Divide by 77,315,265 shares = $3.95. Add the $3.95 to Q.3's results of $4.28 = $8.23.