Earnings Breakdown January 3rd
UniFirst Corporation (NYSE: UNF)
Revenues up 7.7% yoy for the quarter
Cost of Revenues up 6.2% yoy for quarter
Total Operating Expenses up 6.9% yoy for the quarter
Net Income up 21.2% yoy for the quarter to EPS of 1.77
Fair Value of stock at a 20 PE multiple = 141.6
Value of Shareholders' Equity grew only 2.2% yoy for the quarter
https://www.sec.gov/Archives/edgar/data/717954/000128408418000001/a1q2018pressrelease.htm
Commercial Metals Company (NYSE: CMC)
Revenues up 24.5% yoy for the quarter
COGS up 23.5% yoy for the quarter
Net Income up like 400% as Interest expense cut in half
EPS of .32
Fair Value of stock at a 20 PE Mulitple = 25.6
Value of Equity only grew 2.4% however as the earnings were used to pay down liabilities
Rite Aid Corporation (NYSE: RAD)
Revenues down roughly 5.5% yoy for the quarter
SGA stayed roughly the same
Net Income ballooned up from a big bonus from Discontinued Operations
Not good.
Value of Shareholders Equity went up huge from this boost, over 30%.
Stock would have little to no value without the extraordinary procedures as earnings would be negative.
Neogen Corporation (NASDAQ: NEOG)
Revenues up 12.2% yoy for the quarter
EBIT up 16.9% yoy for the quarter
Fair Value of stock based on quarter EPS of .33 at 20 PE mulitple = 26.4
Fair Value of stock based on six months EPS of .56 at 20 PE mulitple = 22.4
Current Price at writing 60.46
Resources Connection, Inc. (NASDAQ: RECN)
Revenues up 6.22% yoy for the quarter
EBITDA up 14% yoy for the quarter, down for the six month period
Net income up 42% for the quarter yoy, down for the six month period
Fair Value of stock based on quarter EPS of .27 at 20 PE mulitple = 21.6
Fair Value of stock based on six months EPS of .34 at 20 PE mulitple = 13.6
Current Price at writing 15.60
https://www.sec.gov/Archives/edgar/data/1084765/000115752318000014/a51737525ex99_1.htm
Landec Corporation (NASDAQ: LNDC)
Revenues up 0.4% yoy for the quarter, down over six months
Cost of product sales up 3.2% yoy for the quarter, down for six months
All income for quarter came from 'Other Income'
Fair Value of stock based on quarter EPS of .02 at 20 PE mulitple = 1.60
Fair Value of stock based on six months EPS of .09 at 20 PE mulitple = 3.6
Current Price at writing 12.30
https://www.sec.gov/Archives/edgar/data/1005286/000143774918000214/ex_102629.htm