Getting past a penny
MSFT earnings the last four quarters:
.01, .23, .41, .49
Current MSFT PE: 45.49
Expected earnings for the current quarter: .42
MSFT PE if it hits those earnings: 29
Kind of makes them look like a whole different kind of investment, doesn't it? I wonder how this works across some of the more egregiously high PE stocks in the S&P and NASDAQ lists? Would dropping the year ago quarter have that dramatic an impact across a high percentage of stocks?
8:03:23 AM
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