Q3/2007 Revenue up almost $40 million over Q3/2006. PFCB today reported consolidated revenues of $270.8 million for the third quarter ended September 30, 2007, compared to $231.0 million for the third quarter of 2006. The news is tempered in that the company anticipates reporting third quarter diluted earnings per share between $0.05 and $0.07 below its previously released forecast of $0.25. Some one-time unanticipated costs hit Q3. OK, EPS of $0.18 - $0.20 for the Q is still decent. With a closing stock price today of 29.41 and a Conference Call scheduled for Oct 24th, I see some good upside potential and will stay long in PFCB.
I wouldn't. The large holders are just propping this one up - and may actually drive it up again today - but they will exit before earnings. If you go to the "news" section of PF's website, they break down the sales in detail, and you can see that the numbers are truly terrible.