Thu, Feb 26, 2015, 6:41 PM EST - U.S. Markets closed


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

Anthracite Capital, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • dpsimswm dpsimswm Aug 25, 2009 8:56 AM Flag

    New People Here is Your Info

    * $277 million loan loss reserve recognized as a reversal and positive GAAP income over 8 quarters (add 25 cents to earnings)

    * Approximately $0.25 in GAAP earnings per quarter after balance sheet cleanup. Approximately $68 million in income versus $41 million in expenses nets to $26.5 million in operating earnings and approximately 102 million shares. (Add another 25 cents from operations)

    Thus, GAAP earnings could potentially be around $0.50 per share each quarter and a P/E range of 10 to 15 would put this stock at $20 to $30 per share.

    This is a best case scenario.


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.