Increases real estate sales in the Gulf Coast should have positive impact on earnings.
Is this an earnings estimate for the 4th qtr? The real estate market in So Cal is hot and people are refinancing left and right. I think earnings will be closer to a dollar than 50 cents.
After the earnings announcement, we will be on another stock price ride. Yipee!!! Hold on longs.
i think you mean more like 1.50 not 50 cents. company originated 290mm of mtgs in October per company conference call. It looks like earnings power is around $6 per share
Sentiment: Strong Buy