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For 2Q17, $RHT expects revenue of $587-593MM, GAAP diluted EPS of about $0.31 and non-GAAP diluted EPS of about $0.54. GAAP operating margin is expected to be about 13.4% and non-GAAP operating margin is expected to be about 22.8%. Other income is expected to be $1-2MM. Effective tax rate will be 27% before discrete tax items.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?