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Meadowbrook Insurance Group Inc. Message Board

  • counterpoint21 counterpoint21 Jul 24, 2010 6:41 AM Flag

    Q2 Prediction

    Here's my take on the upcoming earnings;

    Net Income = 13.54 Million
    Weighted Average Shares = 54.8M
    EPS = .25

    .25 Earnings would be a 25% increase from the previous year...Not a bad headline at all.

    If earnings come in at that figure, their TTM earnings would be 1.03, putting their P/E at 8.79....What a steal for a company growing their earnings at such a nice rate!

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    • I was thinking .24, but I certainly hope you're right. Either way, I would look for them to bump their guidance up again. As usual, I also look forward to hearing how their share repurchase program is going.
      Bob, Counter, and others; Is MIG now ready to digest another acquisition?

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