Q: Hi there,
PRL will report this coming week. What are the streets expectations and would this be an ADD to an overall diversified portfolio? Before or after earnings report?
Ok thanks
PRL will report this coming week. What are the streets expectations and would this be an ADD to an overall diversified portfolio? Before or after earnings report?
Ok thanks
5i Research Answer:
Expectations: 43c EPS; $161.5M revenue. With the current 'risk off' market we would not see a big reason to add if exposure is already present. The dividend raise was a good sign but sector sentiment remains low. Company stocks are not spiking higher even on good earnings right now.