ARC Resources Ltd T.ARX

Missed the Street Est Huge though

[ReitsRus]

Seems  though they missed the streets Est of .41 cents with only .07 EPS, the great news though Divident is increased 52% to .10 share.

[angelnicky]

time on a management change on not meeting targets we need to vote AT the next shareholders meeting

[ReitsRus]

Am I correct in hearing then lost .70 a share from Hedging?

[Quintessential1]

You have to take into account the allocation of the funds.  The street was not paying down that much debt or buying back that many shares.  It's not an earnings miss just because it didn't meet EPS consensus.

[Trapped]

Yes, and the bears here need to remember one thing: Markets are foward looking. The risk management profile will only improve from here QoQ. EPS will follow suit in short order.

[CashHungry]

Unless you dive down deep the reported earnings are not informative.  Their earnings were impared because of unrealized hedging losses because oil prices soared last quarter.  If oil prices stayed flat or went down last quarter then their earnings would most likely have been higher, but of course this would not mean we should wish for lower prices just so ARX's EPS would improve