News Focus
News Focus
Followers 10
Posts 425
Boards Moderated 0
Alias Born 09/04/2009

Re: RNsidersbuying post# 88116

Thursday, 06/17/2021 12:10:21 PM

Thursday, June 17, 2021 12:10:21 PM

Post# of 129714
FRD - what's everyone's estimates here? I'm guessing around $7 trailing EPS by Q2 report this year, but maybe I'm way off.

Rough reasoning:
Q3 (Dec 31, 2020) EPS 0.30 (avg. $665 price/ton for steel coil)
Q4 (March 31, 2021) EPS 1.37-1.52 (est. avg. $900/ton)
Q1 (June 30, 2021) est. EPS ~2.25 (est. avg. $1200/ton)
Q2 (September 30, 2021) est. EPS ~3.00 (est. avg. $1400/ton)

There's really no precedent for these steel coil prices and I'm not sure what the contribution is from the new production line.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today