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School Specialty Inc. Message Board

  • wilkes71 wilkes71 Jun 11, 2009 11:04 AM Flag

    Does this make sense?

    * Q4 adj loss/shr $0.55 vs est loss $0.71

    * Revenue falls 10.1 pct to $156.2 mln

    * Declines to provide specific earnings outlook

    * Expects EPS to rise in FY 2010

    * Shares rise 16 pct
    Can't blame them for not wanting to provide "specific earnings outlook". In this economy they are being over optimistic to expect EPS to rise in 2010. My guess is it will be lower.

 

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