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Lindsay Corporation Message Board

  • mad_thomas mad_thomas Mar 29, 2011 12:10 PM Flag

    EPS number for Q2 set way too high

    Given the backlog from Q1, they may (emphasis added) make the top line number. However, that .71 on the bottom line? I don't see that happening.
    Management should give guidance. The Q3 bar is set very high as well. If they do miss here, analysts may as well bring in the monkey or throw darts for next quarter's estimates.
    After the miss last quarter, should the stock have gone up 25%?
    That huge short position makes one want to tread lightly. However, one false move and these guys are going sub-$60...at least they should in the real world.
    Long puts for earnings; they will not make that .71 number. And hope that the lovefest with over-priced LNN does not look past the miss.

 
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