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Johnstone

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Johnstone

Re: murphdog post# 118

Wednesday, 03/10/2010 10:34:11 AM

Wednesday, March 10, 2010 10:34:11 AM

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Q2 earnings up 266%
This is from a Wall Street On Demand alert I got this morning.

China Agritech Inc announced 2009 second quarter earnings of $0.88 which is $0.72 higher than the prior quarter. This is 266.67% higher than last year's results for the same quarter.

A second alert says First Call is estimating $1.14 EPS for the year. So my guess is that it is very bad timing for First Call, as the .88 for the quarter seems to blow out the $1.14 estimate.
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