Re: 2 cents per quarter EPS X P/E of 10 = 80 cents
posted on
Apr 10, 2008 12:09PM
The other problem is that the earnings this quarter was not exactly 2 cents. It's more like 1.6 cents which would result in an EPS of 64 cents IF the P/E is 10. When people are disappointed in the earnings, that ratio can apparently drop to P/E 6 in no time.