RE:That balck hair woman on BNN is really DUMBER than she looks
On a serious note, she might note be wrong saying what she says based on the info available. Look it up yourself. I noticed this earlier but for the current Y2023, based on 11 analysts, the low estimate was $0.4 EPS, average $0.46 and high $0.58.
Don't ask me who the analysists are, I have no idea. Logically thinking, the estimates are probably not wrong. What I think is happening, is that IVN keeps committing capital to various projects and they put those on the books immediately showing less profit. You don’t have to have a PHD to know that we have more earnings, but I am sure RF/IVN don’t give a rat's butt what some woman on BNN thinks of IVN. Everyone in the industry knows where IVN stands.
If the market was really scared, the SP would drop much more but since it doesn’t, it is just business as usual.
Just my 2-cents…