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iShares FTSE NAREIT Mort Plus Cp Idx Message Board

  • willtk41255 willtk41255 Nov 1, 2005 4:46 AM Flag

    Earnings

    Has been missing by few cents each q . Possibly with higher oil/gas prices , they may do better today . Watch for losses and downtime from Katrina . Like the P/E and EPS , thus far . Think KCS better Nat Gas play . Watching

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    • from reading the earnings release, it sounds like they were really hurt by hurricaine rita in particular. it also looks like they missed the estimates of .91 for q3. going forward, there will be further shut in production.

      hopefully they will be successful in getting their insurer to cover most of their losses. there is only a $2 million deductible, but the insurer may try to blame the production losses on other 3rd parties whose damage to facilities is preventing rem from producing.

 
REM
12.24+0.02(+0.16%)Oct 24 4:00 PMEDT

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