REalize......this is not currently a earnings play....its a stock that is currently trading at 75% of its runoff value. no one said or is expecting any growth this quarter dingbat. Due your homework. Tutes will buy this all the way up to $20 bucks plus just because it is trading well below liquidation value which is now off the table.
What are you basing you earnings expectations on? Do you know something the market does not. First quarter earnings won't be what drives the price. It will be long term perception from now on and it is looking pretty good right now. Sure if earnings and gains on derivatives are horrible you might see a slight move down but then you might not.