Thursday, May 03, 2007

PWR

PWR Up 5% today after releasing staggering earnings
* Earnings up 325%. Netting a one-time tax advantage, the growth was 90%. They beat expectations by 8%
* Sales up 16% and bet expectations 4%
* Margins improved from 3.7% to 4.9%

However, forward guidance was lowered for next quarter by a significant 25%.
That concerns me and I need to understand what is happening.

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