looks like coins certified are down slightly from last year. Remember though that the 10%-20% price increase took effect Jan 1 last year so many of the coins graded in this qtr were submitted earlier. So with a slight decrease in coins graded and the price increase taking full effect, I predict flat coin numbers.
Card numbers are not fully in yet but they appear to be on schedule to be flat as well. PSA did not offer any bulk, low price deals this qtr so it is possible revenue will be up slightly.
As such I predict revenue of $14.5M, 29c GAAP, and $1.4M cash generated. These are all flat from last year. Good numbers but nothing that will move the needle significantly. The cash add may surprise shorts who are figuring the company will need to cut the dividend in 1-2 years
I always do it using the 21st numbers due to delay in the grading pipeline. I then take 90% of the coin certs from the 21st of the prior qtr to the 21st of the current qtr. I get flat to slightly down cert numbers but then account for higher prices