I fully expect earnings to beat by a penny or two, with a sizable revenue miss tomorrow. I follow this company closely and cannot see anything positive coming out of the international division. Europe and Australia are simply sucking wind while the US appears to be as flat as a pancake. They will likely prop up the ebitda number to beat the street to create a positive buzz but the reality is they are simply lost under MM outside of the US.
Wow- I cant believe how terrible this is. This is a low point for sure. Where do you go from here? How do you not clean house right away. this is an embarrassing performance from a company that claims to be a leader but appears to be lost in the wilderness. And to all you defenders, take a look squarely at the performance of companies like Granger that are growing and thriving in the down economy. I have been saying for a long time that this company is in need of change and if it doesn't come after these results, it never will.