microhedge
10-29-2007, 06:40 PM
You may have noticed the Volcom craze... the stock ended up taking a huge hit aftermarket in what I think may be a classic over reaction. EPS came out better by .03 than the estimates and revenue and income up just nigh of 50%... but tanked on new guidance numbers on Q4 and thus '07 being less than estimates due in part to the huge investment in European operations.
A bargain here I believe, I will be watching it...
Volcom beats by $0.03, reports revs in-line; guides Q4 EPS below consensus, revs below consensus; guides FY07 EPS below consensus, revs below consensus
Mon Oct 29, 2007 4:05pm EDT
powered by SphereReports Q3 (Sep) earnings of $0.59 per share, $0.03 better than the Reuters Estimates consensus of $0.56; revenues rose 49.1% year/year to $91.1 mln vs the $90.9 mln consensus. Co issues downside guidance for Q4, sees EPS of $0.30-0.32 vs. $0.47 consensus; sees Q4 revs of $70-73 mln vs. $82.26 mln consensus. Co issues downside guidance for FY07, sees EPS of $1.37-1.39 (original guidance was $1.47-1.50) vs. $1.50 consensus; sees FY07 revs of $270-273 mln vs. $281.60 mln consensus...
A bargain here I believe, I will be watching it...
Volcom beats by $0.03, reports revs in-line; guides Q4 EPS below consensus, revs below consensus; guides FY07 EPS below consensus, revs below consensus
Mon Oct 29, 2007 4:05pm EDT
powered by SphereReports Q3 (Sep) earnings of $0.59 per share, $0.03 better than the Reuters Estimates consensus of $0.56; revenues rose 49.1% year/year to $91.1 mln vs the $90.9 mln consensus. Co issues downside guidance for Q4, sees EPS of $0.30-0.32 vs. $0.47 consensus; sees Q4 revs of $70-73 mln vs. $82.26 mln consensus. Co issues downside guidance for FY07, sees EPS of $1.37-1.39 (original guidance was $1.47-1.50) vs. $1.50 consensus; sees FY07 revs of $270-273 mln vs. $281.60 mln consensus...