TheStreet.com Earnings Miss Estimates (TSCM)

[24/7 Wall St.]

24/7 Wall St. Daily News

TheStreet.com (NASDAQ: TSCM) has reported earnings this morning. Jim Cramer's offspring posted a 19% drop in net income to $2.4 million, or $0.07 EPS, but the company posted a 31% increase in revenues to $18.9 million. First Call had estimates of $0.10 EPS on revenues of $19.95 million. The initial drop in earnings is so far being tied to the launch of MainStreet.com and other online sites for finance, so it is always possible that the earnings may have some smaller items inside that could be deemed as "extraordinary" expenses. The revenues were shown as a 18% gain in ads...http://feeds.feedburner.com/~f/typepad/RyNm?i=swxrKG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=swxrKG) http://feeds.feedburner.com/~f/typepad/RyNm?i=ycsTPG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=ycsTPG) http://feeds.feedburner.com/~f/typepad/RyNm?i=wMNOIg</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=wMNOIg)


complete story here... (http://www.247wallst.com/2008/04/thestreetcom-ea.html)