Thanks! I knew there hadn't been recent pre-market earnings announcements.
I have to admit that I am reading into the switch to the AM as being very positive and that they are going to release some eye-popping results. This quarter should really see a pop from the improved economy and ePlus' clients added in 2002/2003. Its hard not to anticipate something special this quarter. I hope my expectation are realistic and not just wishful.
earnings estimates are not the only thing that FBR does well. I have been heavily invested in them since the merger. They are unique in that they have had a consistent rise for month after month all of last year while paying a 16% dividend. I know of no other issue that gave a older investor the double bang both value and growth at reasonable investment risk like this one. I would trust them on their PLUS estimate. I have personally taken half my FBR investment off the table but I think that given a normal market they are a shoo in for a rise into the 30's in CY 04, its the market that I am scared of not FBR.
So...does anyone have realistic expectations on what would be good or bad earnings results?
It looks like in the past that Q3 was not a high quarter. So should we expect a flat or down quarter for revenue? Or should we expect over 90M? Income is harder to guage with the acquisitions they have made. All things being equal, income of over 3M would be outstanding. But the past trend would imply that is a stretch.