I think $2.50 is based on how much of the carbon offsets they book in 2nd quarter. There was a huge auction in CA this month and if our friends at ARCI finally booked the $1-1.5MM they are sitting on, we will blow past $2.50.
I agree, probably Q3 or 4 though may be the sales. If the 90M appliance segment does a little more than break even, $2 will not be seen again. But as we all know retail has low margins so will be tough. They close two stores, if I recall, and are stream lining operations. Also, would like to see AAP have better results. Not only do I think 2.50 by end of year, over $3 is definately possible.