InvestorsHub Logo
icon url

Knowledge is King

07/27/22 2:53 PM

#99411 RE: hweb2 #99409

I added a few SGMA on that backlog jump...thanks for the headsup...
icon url

hweb2

09/09/22 10:37 AM

#100568 RE: hweb2 #99409

SGMA should report fiscal Q1 results in the next few days. Will be interesting to see the numbers & outlook commentary. They had a huge backlog over $485M. So Q1 could be decent if Wagz losses decline and the tax rate is more normal (those both dinged the Q4 bottom line). Unfortunately they have an impossible comp. EPS are likely to be down sharply vs the year ago Q1, even excluding the PPP gain.

Curious to see the reaction on the stock price. In the $6's, SGMA might be worth holding into the report? Broader markets on fire in recent days. KEQU, which reported awful earnings late yesterday, is barely down today.