Fri, Aug 29, 2014, 12:06 PM EDT - U.S. Markets close in 3 hrs 54 mins


% | $
Quotes you view appear here for quick access.

Gencor Industries Inc. Message Board

  • all4wishes all4wishes May 10, 2008 4:50 AM Flag

    2Q results

    If the after hours drop to 27 continues at the bell, which I hope, I'm going to buy Gencor back. Foolishly I sold it in the teens a month ago.

    Revenues were down slightly, about $1.5M, which represents the price of an average asphalt plant. A company this small, where each sale represents 6-8% of total sales in the quarter, easily can and will have year-to-year skews in revenue growth.

    EPS was hurt by what looks like a mark-to-market adjustment in the value of their marketable securities.

    I would assume the company is still on the acquisition trail, as the pile of cash and no long-term debt is still there.

    If it isn't the biggest gainer in the NASDAQ and NYSE this year (up +200%) it is definitely in the top 5. Profit taking after earnings was expected.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
10.18-0.01(-0.08%)Aug 29 10:53 AMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.