I’ve been so busy with other things that I hadn’t seen the beautiful TDY earnings until now.
Take a look at the trend in net income: Sep-Dec 2006: $18.9 million Jan-Mar 2007: $20.5 million Apr-Jun 2007: $24.3 million Jul-Sep 2007: $27.1 million
This company is doing fantastic! TDY has more than 2X the annual income it had just 2 years ago. Every quarter is profitable and every quarter is growing earnings strongly. I see some analysts are projecting earnings of $3 per share for next year. This is far better than expected just a few months ago.
With annual net income going over $100 million per year, tangible net assets growing significantly every year, and cash flow from operations of $55 million in the most recent quarter, I believe the company is worth over $75/sh. http://www.valuepro.net/
Then why is there a hireing freeze? or rumors of layoffs? I've been a temp for almost a year with hopes of being hired and now the rumors of cut backs may end my job here that I love and Need very much.....Being a single mom on one income this has me very worried!!!