Growth still looks good, and their outlook, they say, is stronger than ever. Their top line was larger than thompson surveys, but eps of only .16, while average estimate was .17 (the low was likewise .16).
When the 10q comes out later this month, I assume it will say bottom line was affected by increased television commercial spending. Anyone else with thoughts?
How does this warrant an 18% drop? I realized its PEG is 2.2 or something like that and trading at a very high multiple, but due to the strong growth, I don't think it's overvalued.
When the 10q comes out later this month, I assume it will say bottom line was affected by increased television commercial spending. Anyone else with thoughts?
How does this warrant an 18% drop? I realized its PEG is 2.2 or something like that and trading at a very high multiple, but due to the strong growth, I don't think it's overvalued.