Smart investors are not trying to "guess" about EPS. It is as easy as listening to the conference call. 1st quarter EPS is estimated to be .25 a share. The company is offering no guidance for the following three quarters due to the deteriorating economic climate. I "guess" that means earnings are expected to be lower that .25 a share during each of the following three quarters. The company is not making money for the forseeable future. There is money allocated for a share buyback that I suspect is not being implemented because TRN has to service a huge debt with no earnings. I would love to see TRN earn 2.00 but it is not in the cards and you'll take a big hit thinking and "guessing" with your heart.