Had only few hundred shares and gladly sold... Great beat but look at next year..1st qtr nice 14- 16 c versus the 13 estimate but year 60- 66 versus 63c implying the last 3 qtrs will be as estimated at BEST if not worse .. So thank you for the 4 dollar rise...
after reading to your responses i reread in detail the earnings, but saw that half the earnings were due to a tax benefit so no monstous beat ans thus their 60- 66 guidance does not justify a 36 dollar stock...IMHO good luck
nothing against taking profits here - remember that the company always guides conservatively to lay the groundwork for another beat and raise like it did for several quarters now (just look at last quarter's guidance today's results) - analysts know about this lowballing and are fine with it. So despite they just reiterated the guidance from the analyst day (with the exception of the cash flow increase) the stock will most likely have no problems to at least hold the after hours gains on the heels of positive analyst commentary and price target raises tomorrow.
I concur. The company always under promise and over deliver. An easy $40 stock with impending positive analysts' comments and upgrades. Also, the stock hasn't moved up much this year. So, it is due for a very big pop.