CPI Card Group Inc (PMTS): Brokerages Anticipate CPI Card Group Inc...

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Re: $oldier Hard post# 271

Tuesday, 01/02/2018 11:17:13 AM

Tuesday, January 02, 2018 11:17:13 AM

Brokerages Anticipate CPI Card Group Inc (PMTS) to Announce -$0.13 EPS

Posted by Rob Logan on Jan 2nd, 2018

Equities research analysts expect that CPI Card Group Inc (NASDAQ:PMTS) (TSE:PNT) will announce earnings of ($0.13) per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for CPI Card Group’s earnings, with the lowest EPS estimate coming in at ($0.25) and the highest estimate coming in at ($0.05). The firm is expected to issue its next quarterly earnings report on Wednesday, March 7th.

I don't really understand how PMTS could lose so much money after the dividend elimination ( unless calculated post R/S ).

If they do lose that much, I would anticipate the PPS being further punished.

But if this is to be believed, 6 analysts have an average EPS forecast of 47¢ for 2018. If that's so, I would think the PPS would soar.

https://finance.yahoo.com/quote/PMTS/analysts?p=PMTS