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Swick984

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Swick984

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Wednesday, 05/25/2016 8:30:08 AM

Wednesday, May 25, 2016 8:30:08 AM

Post# of 7895
Q2 earnings are out and they made $.037 in EPS in the quarter, closer to $.048 excluding currency related charges. Similar results to the past two quarters. Cash and real estate represent $1.04 per share and book value is up to $1.55 per share. Pretty good results in a weak iron ore environment. There was also a cyclone that hit the area in January that affected iron ore production facilities, port facilities, and likely their results.
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