Does any one out there know why YAHOO Reaserch (Zacks) calls for $.60 earnings for the Feb ending quarter while the company just reported $.36 and they call it a record earning figuer? Is there some adjusting involved?Thanks
The recent stock split is not in Zacks estimate
Yes, $0.36 means post-spilt, the expectations were $0.30, which means the company had a blow-out earnings. Watch for the stock to go up by $5 post-split tomorrow.