ARD Q3 Conference Call Scheduled for Monday, November 6 at 10 a.m. CST
This Company is Extremely Transparent and Predictable: A Good Thing
On October 27, 2006 I posted, "(Don't be surprised if the company 10Q is released after the close of trading on Friday, November 3 with the third quarter conference call to be scheduled promptly at 10 a.m.CT on Monday, November 6.)"
Today (November 1, 2006) Arena Resources made it official: ARD Q3 Conference Call scheduled for Monday, November 6 at 10 a.m. CST.
While I have no insider information I must admit that the company is very transparent and predictable. Five days before the official announcement was made I correctly predicted the exact day and hour of the earnings press release and conference call. (Keep in mind that even thought the company indicates that a press release will be issued the morning of Monday, November 6th, the 10Q will actually be posted after the market close on Friday, November 3rd.)
Stan McCabe's share sale was an indication that Q3 final results will be excellent. Due to my suspicion of the final results being excellent (Stan's share sale) the only logical day to have the Q3 final results and C.C. was on a Monday. That way investors (both retail and institutional) have all week to savor the data and drive the share price higher. The fact that the Q3 press release and conference call are scheduled on a Monday is confirmation that the numbers will be real good.
What can we expect for Q3'06 earnings?
Revenues: $17.9 million........ (up from $14.69 mm in Q2'06)
Net Profit Margin: 42%......... (down from 43.8% in Q2'06.)
Net Income: $7.51 million.....(up from $6.44 mm in Q2'06.)
Share Count*: 15 million.......(up from 14.64mm in Q2'06.)*
(Fully diluted)
EPS: $0.50.......(Up from $0.44 in Q2'06/ $0.27 in Q3'05.)
This Company is Extremely Transparent and Predictable: A Good Thing
On October 27, 2006 I posted, "(Don't be surprised if the company 10Q is released after the close of trading on Friday, November 3 with the third quarter conference call to be scheduled promptly at 10 a.m.CT on Monday, November 6.)"
Today (November 1, 2006) Arena Resources made it official: ARD Q3 Conference Call scheduled for Monday, November 6 at 10 a.m. CST.
While I have no insider information I must admit that the company is very transparent and predictable. Five days before the official announcement was made I correctly predicted the exact day and hour of the earnings press release and conference call. (Keep in mind that even thought the company indicates that a press release will be issued the morning of Monday, November 6th, the 10Q will actually be posted after the market close on Friday, November 3rd.)
Stan McCabe's share sale was an indication that Q3 final results will be excellent. Due to my suspicion of the final results being excellent (Stan's share sale) the only logical day to have the Q3 final results and C.C. was on a Monday. That way investors (both retail and institutional) have all week to savor the data and drive the share price higher. The fact that the Q3 press release and conference call are scheduled on a Monday is confirmation that the numbers will be real good.
What can we expect for Q3'06 earnings?
Revenues: $17.9 million........ (up from $14.69 mm in Q2'06)
Net Profit Margin: 42%......... (down from 43.8% in Q2'06.)
Net Income: $7.51 million.....(up from $6.44 mm in Q2'06.)
Share Count*: 15 million.......(up from 14.64mm in Q2'06.)*
(Fully diluted)
EPS: $0.50.......(Up from $0.44 in Q2'06/ $0.27 in Q3'05.)
posted by -Aztec- at 10:26 AM
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