Universal Travel Group (fka UTRA)

[viking86]

2009 eps was in the $0.70 range fully diluted

There was $6.83M GAAP loss in 2009 due to derivatives adj. If I add that to the net income, I get a non GAAP adj eps of 1.27 for 2009.

The FD as of Mar31,2010 is 18.02M. There may be some more dilution for the 4 new acquisitions they announced on May4. I figure something like 0.6M shares. So I think FD will be about 18.7M for 2010. So my eps estimate for 2010 is 1.50. Barring new acquisition and dilution I think we have a good shot at doing 2.0 eps in 2011. fwiw