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Appliance Recycling Centers of America Inc. Message Board

  • vishoopraramvindaloo vishoopraramvindaloo Oct 24, 2007 2:10 PM Flag

    Their business is very seasonal, q1 q4 weakest

    Expect earnings to drop bigtime q3-q4. Normally seasonality causes recycling business to decline bigtime after q3, which is the seasonal peak.

    Q4 may be $0.10 or more, but nowhere near $0.31.

    Expect maybe $0.50-0.60 eps for this calendar year.

    If they start booking a full tax rate next year, expect maybe $0.50-0.60 eps next year.

 
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