HOLX slams earnings
HOLX reported
* Sales up 60%, edging sales slightly.
* Income up 100%. That beats estimates by 5% and beat the highest estimate
Looking closely at HOLX, you will note that last year they have a loss for one quarter. As a result, the trailing 12 month EPS is $1.15. Move forward 1 more quarter and that loss disappears and EPS will be $1.63
So today's P/E is ~47
Next quarter it will drop to 35
At the same time, growth is around 100%. They still feel cheap.
* Sales up 60%, edging sales slightly.
* Income up 100%. That beats estimates by 5% and beat the highest estimate
Looking closely at HOLX, you will note that last year they have a loss for one quarter. As a result, the trailing 12 month EPS is $1.15. Move forward 1 more quarter and that loss disappears and EPS will be $1.63
So today's P/E is ~47
Next quarter it will drop to 35
At the same time, growth is around 100%. They still feel cheap.
posted by Andrew at
7:23 AM
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