InvestorsHub Logo
Followers 50
Posts 8936
Boards Moderated 0
Alias Born 05/07/2004

Re: None

Thursday, 08/03/2006 2:41:39 PM

Thursday, August 03, 2006 2:41:39 PM

Post# of 25232
ERES:Short 8.40, earnings after close. Warned. This statement below tells me to short it as they will guide lower for the year. I like the company's future but playing the anticipated swing. It fell to 6.83 on the announcement from 8.55.

'Due to the relatively fixed nature of the operating expenses, the percentage impact on earnings per share will be greater than on revenue. Due to these results, the new management is currently reassessing prior full year 2006 guidance and plans to provide an update in connection with the second quarter conference call.'
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.