These guys are just scaring everyone. the earnings are 0.29- that is a 2 cent beat- But the problem is the 0.29 was in euros and it is actually 40 cents per share- which is a 13 cent beat! Can someone send a mail to the company to release a clarification before the market opens
Apparently- there are not that many of them-how else can you explain the schizophrenic market! This is 'sell first and ask questions later- since technical trading does not care whether it is 29 Euro Cent or 42 USD Cents! Once the technical damage is done- we will not have the same bounce
Are you kidding me? YOU are the one not reading correctly.
Like I have already posted in the other reply, the earning is all relative to the expectation. $0.13 beat is NOT enough based on how the stock has been going up. The stock has been going up based on some outrageously huge earning. Let's see what we got.
• EPS was $0.42 U.S. but the market were expecting $0.50. (Go back and reread some of the old posts from people's expectation) • Revenue increased 38% but the market were expecting to be tripple digits percentage. • CO(2) refill units increased 34%. Are you kidding here? People were expecting to double (100%). • Revenue from soda makers increased 36%. Is this a joke? Everyone was chanting to be tripple digit percentage increase.
You see what the market is telling you now? You got it?
Do you really think it is a stretch to imagine Market Makers actually analyse the performance.If you say it is 42cents- that is a 15 cents beat(and we are supposed to be double dipping) Wait till oppenheimer comes back with its recomendation. I sentan email to IR@sodastream.com- to clarify this!