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OT - INFN
earnings
<p>OT - Not that I'm a stat maven by any means. But
cursorily reading the figures on INFN's earnings, I don't see why
they're up AH. The -.08 miss is higher than the -.07 consensus. The
numbers y/o/y of course are not good. In the short remarks by
Fallon, it seems to me that he's saying, "Yes, as we thought, we've
underperformed. But going forward we will.....</p>
<p>Those 'we will' comments are so often the 'kiss of death',
lol. Promises, promises - In my imagination, every time a CEO
reports unhappy news and then starts with 'we will.....' I picture
the analysts looking at him with an expression that says, "When do
you think *we* got a lobotomy? Are we really supposed to get 'happy
feet' with that?</p> <p>Still, if I read it right - an
'up' is an 'up' AH. Maybe I'm missing something - may be, as I'm on
a limited computer that probably is delaying everything by 20
mins.</p>
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There is confusion over the EPS, Briefing.com has a issued a
"correction" stating that INFN's adjusted EPS is 5 cents per share,
therefore it actually beat by 5 cents.
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Author:
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LongTerm
CapGains
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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10/26/16 at 4:02 PM CDT
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lt cap,
Yah - just saw that 'correction' from - 8 to - 5 - I sure hope
that wasn't INFN's error, as they already have enough doubts about
their grip on performance, lol. But it's even more puzzling - on
the loss, they were up to $9.25, now it's just a wide spread
between bid and ask. - 8 = up 5% over the 3% at the close?
What?
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Author:
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Jam
ok
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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10/26/16 at 4:19 PM CDT
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The way I read the correction is EPS of +5 cents not EPS of -5
cents
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Author:
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LongTerm
CapGains
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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10/26/16 at 4:22 PM CDT
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0
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