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Bullboard - Stock Discussion Forum Concordia Healthcare Corp. T.CXR.R

TSX:CXR.R - Post Discussion

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Post by dannyd9 on Mar 23, 2016 5:17pm

earnings

Still going thru the numbers; Revenue came in substantially above estimates. Earnings came in below estimates due to acquisition costs, ammortization of debt repaymeents and other factors. Adjusted ebitda came in more or less around estimates. Frankly, don't know how the market will react. Investors tend to look at eps and not ebitda as true state of company affairs. Going thru the full filing to see if i am missing anything
Comment by themangokid on Mar 23, 2016 5:27pm
I dont think anyone has cared about the earnings on this for a while. Isn't it trading at, like 6x earnings. A miss of 1.24 vs 1.30 expected I dont think will be as influential as the pace of debt repayment and how much more debt is forecasted to be paid down in the subsequent quarters. still going over the report.
Comment by fdfd12 on Mar 23, 2016 5:33pm
RIGHT ON mangokid, i agree
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