Savvy Trades and Investments

[Knowledge is King]

It's ambiguous on SYNL, IMO. This is from the 5/3/18 PR for Q1:



The Company's results are periodically impacted by factors that are not included as adjustments to the non-GAAP totals, but represent items that help understand differences in period to period results. For the first quarter of 2018, the most significant of those was inventory price change gain which, on a pre-tax basis, totaled $2.5 million, compared to a $0.9 million gain for the first quarter of 2017, representing an improvement of $1.2 million in after tax income compared to the prior year.


To get my $.50 estimate, I subtracted the $1.2M number cited above from the $3.8M net income in the quarter, then multiplied by 1.77. I definitely see how your view might be accurate as well.

We'll know on Tuesday...