E*Trade earnings prediction

Discussion in 'Trading' started by garfangle, Oct 14, 2003.

  1. I predict E*trade (ET) will beat the earnings estimate due Wednesday by at least a penny and the stock will rise at least 5%.
  2. Bet down.... comin' out! New shooter.... comin' out!

  3. I was right!

    "E*Trade, based in Menlo Park, California, said the results represent its best quarterly performance ever. The company reported third-quarter operating income of $63 million, or 17 cents per share. That compared with operating earnings of $43 million, or 12 cents per share, in the year-earlier period.

    Revenue jumped 21 percent to $398 million.

    Analysts polled by Reuters Research, a unit of Reuters Group Plc, on average expected E*Trade to earn 16 cents per share for the quarter." - Reuters
  4. ET NY 23,639 10.9100 17:57:54.1 13 -0.2500 -2.24

    AH island prices :p
  5. I did not give a timeline of when the price will rise though.
  6. Toonces


    Nice cover. You have the makings of a trading advisor.
  7. Update

    Closing price: 11.13

    Closing price: 13.00

    Gain: 16.8%