Where do you get that from? I'm reading their current income statement on Scottrade. They list 9.1 mil in net income minus a 2.8 mil adjustment for 12 months with date ending 6/30/2007. With a total of 36.7 mil outstanding shares that is an earning per share of 9.1/36.7 = 0.17 cents per share. At a price of 6.07 that is a p/e of 6.07/0.17 = 35. I actually used the number off google, which has their latest quarter included. This makes up for the 35 vs 30 difference from my first post.
Where do you get 8 from. If that is the case, this certainly is undervalued!
In their 1Q08 earnings report , period ending 9-30-07 ( Fiscal year 2008 begins 7-1-07 and ends 6-30-08 ) , NED reported U.S.$0.20 / diluted share and U.S.$33 million net revenue .
The analysts are estimating U.S.$0.36 for 2Q08 period ending 12-31-07 .
The analysts are estimating U.S.$0.73 for 3Q08 period ending 3-31-08
The company has forecast U.S.$96 to $97 million net revenue for fiscal 2008 .
Adding it up : actual ' eps '____________________1Q07___$0.20 __________________________________est.__2Q07___$0.36 __________________________________est.__3Q08___$0.73 No analyst est. avail./average of previous Q's ______4Q08___$0.43
In the first line I correctly refer to the first quarter as 1Q08 , as it is the first quarter of fiscal year 2008 ( even though the first two quarters occur in 2007 ) . However , when I later was adding up the quarters I listed the first two quarters as 1Q07 and 2Q07 . These two quarters should have been listed as 1Q08 and 2Q08 not 07's .