Cause and Effect

Oh, no, numbers did a thing!!!! PAN8C SELL

Anticipating rate cuts in September, businesses increased payrolls by re-hiring all the people they laid off earlier in the year or later to "protect margins."

Why wouldn't you try to get a head start on boosted demand for products?

Predictably, Old Money doesn't think past the week, so if nothing else, next week, will present entry points.

FY24 Estimates:

Sales growth +13% yoy

Gross margin +60% yoy

EBITDA +230% yoy

Net Income +122% yoy

EPS: +114% yoy

FY24 Estimates:

Sales growth: +5% yoy

EBITDA: +16% yoy

Net Income: +106% yoy

EPS: +103% yoy

FY24 Estimates:

Sales growth: +17% yoy

EBITDA +5% yoy

Net Income -187.5% (-8M to -23M) yoy

The increase in expense is attributed to increased interest cost, from 3M to 19.7M yoy.