If you analyze this report versus last quarter (as their business has limited seasonality you will notice that their earnings beat was far far less exciting as was their backlog versus last quarter. The CEO keep on mentioning 2014 is a "transition year" (as he did a number of times during the previous conference call)...the repeated use of the word has me wondering if he is covering himself so that you don't judge the company by this and the previous quarter as the results may not be anywhere near as impressive. Huge amount of debt here is another worrisome factor.....
Stock is being accumulated and the challenge is to break through the stock offered between $12.90 and $13.00. WSTG is holding near its recent high in this area despite a market that has deteriorated which is a definite positive.
The only estimates I have are from Yahoo and they are .75 for this year and $1.03 for next year. Do you know of any estimates for sales and earnings for the current quarter to be reported and for the following quarter ...if not what were the comparables of the reporting periods last year? Thanks
Told you!!! you didn't read the report they had incl. non recurring event incl in their earnings....pays to read the report not just the headline number ..without the non recurring event they earned..well close your eyes what do you see?