Savvy Trades and Investments

[Knowledge is King]

FACO($2.15) should have a strong day; I calculate Q4 EPS of $.22 fully-taxed vs a loss of $.06 last year. Revenues soared 146% to $216M.

The last 4 quarters: revenues $98M, $113M, $134M, $216M; EPS $.03, $.08, $.19, $.22

Full-year EPS net of the gain came in at $.52, suggesting a P/E of less than 5 currently.

Reported EPS for the quarter were a whopping $1.62 as the company booked a hefty gain from the sale of a unit. Finally, the company book-value rose almost $2 in 2023 to $3.71/share...


https://www.otcmarkets.com/stock/FACO/news/First-Acceptance-Corporation-Reports-Operating-Results-for-the-Quarter-and-Year-Ended-December-31-2023?id=432470