InvestorsHub Logo
icon url

vegas options

08/01/23 9:21 AM

#431538 RE: tnyellowtomcat #431537

tnyellowtomcat, Zacks is setting up IDCC to fail this earnings. They have revenue at $101M and earnings at $1.21. If Revs are $101M and usual expenses are $75M they will make $26M. IDCC has to use a weighted share count of about 27.5M shares and deduct taxes they will make about 75 cents. I expect they will make about another $12M in interest, but that takes them up to $1.15 ....