Confusion in DDD 2013 estimate
On it's transcript, the company estimated revenue growth of $440m - $485m (462.5 mid point), vs 353 in 2012, a 31% increase. Net income range 1.00 - 1.15. POST SPLIT revenue increase is est at 31% and EPS is 1.43 at the mid point vs. Zacks 1.47. At 1.15 EPS is 1.53. So why is the stock down $5? CNBC just reported the same idiotic numbers pre-split. No Wall St analysts seem to care about gross margin growth and cash flow growth. The stock is now trading at 22x 2013 earnings est.