Might sound like SSK here (sorry for name drop SSK LOL, it's meant with respect) but- I'd want clarification in CC on the sale of property gain and if it's included in the Q2 and yearly earnings #s/guidance. Hopefully it isn't part of their guidance, probably not since it's one time.
Q4 2015 release they guided for full year $2.2-$2.25 billion revs and $1.25-$1.40 EPS full year and Q1 about $500 mill revs and $0.12-$0.18 earnings so they hit within their range ($498 mill revs and $0.17 adjusted EPS just reported for Q1), not at all out of the park.
They raised guidance in Q release very slightly on earnings on bottom end to $1.27 from $1.25 so it is now $1.27-$1.40 EPS for full year vs the previous $1.25-$1.40.
I would say they did a nice job predicting Q1 so would have a bit more confidence on their full year guidance. They're definitely becoming a bigger player with the acquisitions and might see more margin benefit with incorporating those units more fully going fwd but that's likely baked into guidance.
What is it that is blowing people away, was it just that peeps didn't believe their guidance after Q4 2015 report or am I missing something else? I used to own shares a long time ago but haven't owned it for awhile so maybe that's why I'm a bit more glass half empty in commentary cuz I'll miss whatever pop it might get :).
It's definitely a heavy leverage play if they can squeeze out margin improvement going fwd so would definitely see that as a possible big catalyst if one could predict improving margins for awhile.
Good luck, all IMO.
News 
Market Data 
Discover 
AI
