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Pep Boys - Manny, Moe & Jack Message Board

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  • privateertrader privateertrader Dec 3, 2012 5:42 PM Flag

    3Q Estimate was $0.15 per share?

    Straight from the earnings report:
    "Net loss for the third quarter of fiscal 2012 was $6.8 million ($0.13 per share) as compared to net earnings of $7.0 million ($0.13 per share) recorded in the same period last year. The 2012 results include, on a pre-tax basis, debt refinancing expense of $11.2 million and an asset impairment charge of $8.8 million. "

    So there were two charges that the company took, neither of which analysts would have factored into to their EPS analysis....why the company was so short in the announcement with no guidance though is what I think has people exiting....seen it before and the next day stocks well into the green after the conference call...

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