Results inBoy, they really don't beleive in telegraphing their resuilts do they! Picked up 1000 shares in the last couple of days thinking it might be close to the date seen last year.
Modest results: better revenue but lower NI by a big chunk. Cash flow still alright at $2 a share but absolutely no FCF from what I Can see. Guess no divvy increase this year. There were lots of excuses for reduced performance - labour and materials, supply chain, but also mix of work was lower-value work this quarter. Still that's not saying much about the year's results which were also somewhat lower except for revenue.
It's still fair value in the mid-30s and if any critic - sorry analyst - has anything decent to say about the performance, we could see high 30s by the end of the week or next week, at which point I will reduce my holdings by half. This wasn't my "rocket to da moon".