Help me make sense of this YAHOO. In EXPR's 8-K Income Statment filed 11/30/2011 they report 13-Week diluted EPS of 0.37, previous 13-Week EPS was 0.14; however in the same 8-K they report 26-Week diluted EPS of 0.9. Same thing happened October in 2010, am I missing some financial tidbit that makes this quarter's EPS value screwy? Adding up all the 13-Week EPS(s) gives you the annual (52-Week) EPS so not sure why the 26-Week varieties have bad math once a year. If this quarter compensates for the missing 2-weeks in the reporting schedule that would mean EXPRESS earned 0.39 per share in 2-weeks?!?! Thanks.
Thanks for the info! Using the EPS method and analysts' low prediction of $0.15/share for next qtr's earnings I've got EXPR valued at ~$20/share. Picked up quite a few at $16.50 today which I thought was wild cheap. If the market would just keep up this melt-up I see Express heading to $20 by Dec. Anyone else as bullish or am I crazy?
There are people who trade, people who read SEC reports and people who post on this obscure Yahoo message board. I can't see concluding that a lack of response here to your question gives insight to the overlap amongst the groups, lol.