history looks excellent, but not much growth next year based on the guidance provided
While we plan to reduce our 2014 profit assumptions, the
change to our long-term fair value estimate was
immaterial. Therefore, we are reiterating our $57 fair value
wow ... but those who gamble with 23K in a single trade don't usually post on message boards
CFO blames the flat EPS growth in 2014 to a higher tax bracket.
We expect our tax rate to approach our historical 30% to 33% as we exit 2014 as compared to 25% we experienced in 2013. This 5% to 8% increase in effective tax rate will have an impact of reducing EPS by $0.15 to $0.20 in 2014 versus 2013.
Our guidance suggests strong growth over 2013, with revenues growing 35% to 42% and EBITDA growing 17% to 24%. Taking out the expected increase in tax rate, EPS growth would be 18% to 34%.
the EPS guidance is what it is .... apparently the margins won't be there ... not as much as the growth in revenue seems robust
BofA Merrill is doing the same - calling it a buying opportunity. Is this for real?
Apparently, the stock is getting hammered because per guidance issued, there is no EPS growth in 2014
Obamacare is about health coverage for all. We, as a society, owe some basic healthcare coverage to everyone. Rather than spending money on wars, let's spend it on our own people.