In January, ARC issued a press release indicating that it will release its full year 2011 results on Feb 21st. On January 19th, we posted an announcement about a contest to “guess ARC’s full-year 2011 Sales Revenues.”
The table, below, shows you what “analysts” are estimating ARC’s full-year 2011 Sales will be (as per yahoo finance, Feb 9 2012)
|
Revenue Estimates |
Current Qtr. |
Next Qtr. |
Current Year |
Next Year |
|
NYSE: ARC |
11-Dec |
12-Mar |
11-Dec |
12-Dec |
|
Avg. Estimate |
100.00M |
107.22M |
420.92M |
427.97M |
|
No. of Analysts |
3 |
1 |
3 |
3 |
|
Low Estimate |
98.52M |
107.22M |
419.41M |
423.04M |
|
High Estimate |
101.00M |
107.22M |
422.00M |
435.00M |
|
Year Ago Sales |
104.97M |
106.50M |
441.64M |
420.92M |
|
Sales Growth (year/est) |
-4.70% |
0.70% |
-4.70% |
1.70% |
Deadline for entries was February 7th at 5:00 pm. Per my blog’s Google Analytics statistics, 136 blog-visitors read the contest announcement, but only 5 people submitted guesses for the contest.
Here are the “guesses” we received.
|
$464.88 |
|
$437.00 |
|
$421.50 |
|
$421.00 |
|
$420.93 |
One of the entries – $421.00 – is, quite obviously, “boxed in” on the top and bottom. As a special consideration for that contest entry, if person who guessed $421.00 wins the contest, the prize will be doubled.
We will only announce the winner of the contest if the winner gives us permission to post his/her name.
In the table above, I included the column that shows analysts’ current estimates of ARC’s full-year 2012 Sales – I think their estimates are low.
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