I apologize for the new threads, but I want this easily found when ohtaegun is proven wrong.
So far we have
Surf at $0.44
Matt9191 at $0.40
Bartbiggie at $0.18
Penny at $0.16
Amo711 at ($0.07)
Ohtaegun at (Earnings Miss)
Imagine at (Earnings Miss)
Motorider at (Earnings Miss)
Anybody else have an estimate? We're getting close now.
Ohtaegun, I'm only down 7% right now.
It's not ideal, but I'm not broke. With 40% of my portfolio in CLF, that correlates to an overall 2.8% drag on my portfolio.
And my other stocks are doing great. I can afford to wait this one out.
I will say $0.08, I think there will be some kind of Wabush related charges, and further I don't think surf is fully pricing in the lower IO prices of $25 per ton, and even moreso the $50 per ton decline in met coal pricing. Helping his estimate though should be lower SG&A, exploration, and interest expenses.
Previously I guessed abut $.30. But that was before the full extent of the GL shipping prob was known...
I also fear that someone tipped RBC to a miss........Either that, or they are total idiots.
OK: I'll go with the latter and guess $.09 cents positive for my official guess,,,,