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  • flipwilson728 flipwilson728 Dec 3, 2012 8:53 AM Flag

    new pr - sales exceeded 1 bln year to date

    My 4th quarter calculations indicate about $546 million in sales with EPS at or near $1.02

    Maybe a little high,but definately over $0.95 per share. The PR team is reporting YTD earnings over $1.0 billion year to date and we still have one more month os sales in the 4th quarter.

    Sentiment: Strong Buy

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    • I don't think they will do around $250 mln in revenues just in the month of December.

      • 1 Reply to hageneriksson
      • You may be assuming that they are at exactly at $1.0 billion in sales after 2 months into the 4th quarter, all the PR announcement says tis that hey hit the $1.0 billion in sales milestone, it did not say this is where they are at. It just says this reached this important milestone amount and in my opinion, NTE passed it and is much higher.

        My estimates indicate they had total sales of $360 million for Oct & Nov. This would give you are YTD total of $1.039 million. I expect December sales around $180 million. This puts NTE into the $540 million range for the 4th quarter.

        Now, maybe my production estimates may be a little too high, but I based my forecast on the last conference call discussions. Anyway, the overall news is very positive for the company and I expect a very good 2103 for NTE

        Sentiment: Strong Buy