It seemed to me like management put a lot of problems in the rearview mirror last quarter. In general, the economy seems to be doing a little better. As a previous poster pointed out, the estimate for this year is $1.50, which either means that the estimates are wrong or the stock should be twice what it is today or more. Either way, the stock seems awefully cheap to me. I personally think that someone ought to take them private, because the market seems to be ignoring the potential but with RICK trading at less than 1x sales, I am just waiting. A good report could send the stock to $10, a bad one, maybe down .50....
It seems like 30 cents at the minimum is where they need to be if the 1.50 2013 estimate is remotely accurate that Yahoo has posted. They have done more in Superbowl quarters on less revs.....and 1Q 2012 was 23 cents, so add in Jags and the rough calc should be close. If legal expenses are down.....might even get higher.
But this is probably more along the lines of what I would like to see at the bare minimum than a hard calc. One time items seem to always pop in, so who knows.
The good news is, the analyst have seemed to abandon the stock......so at least they can't disappoint anymore, hahaha.