Quarterly results are out today - results are quite weak (EPS growth of just around 6.4% QoQ). I think this is what the market has been pricing in as well for quite some time now.
The Quarterly EPS #'s and the Yearly EPS #'s are not matching up. Hope someone can clarify…Quarterly #'s are below:
Q1 EPS - 5.35
Q2 EPS - 5.63
Q3 EPS - 3.01 (This was earlier reported as 6.02, but now cut by half. Not sure if there was a stock split)…
Q4 EPS - 2.83
Summing it up, yearly EPS works out to 16.82. However, the report claims it to be 22.67.
Will wait for the detailed presentation with details on disbursements and other metrics before deciding on next steps (Trimming down Vs Selling off with loss).