Post by
Possibleidiot01 on May 12, 2021 8:11pm
Q1 earnings and analysts
The market seems to have anticipated better results than what actually happened. The stock has given back everything it had gained since the start of the year .
IMO , it was not great revenues fell but there were good things as well - lower debt , goood ROCE and bigger backlog and bookings . They mention "global challenges associated with sea freight logistics" - wonder if that means Panama canal blockage?
If you believe the story around the stock - this could be a chance to buy some?
Comment by
TrueGreen on May 13, 2021 8:57am
Thanks for analysis. Agreed. Bought at close yesterday.