Life Partners Holdings Earnings
Yahoo Finance shows Life Partners Holdings to announce earnings Tuesday but a reader gave me a heads up that a
SEC filing hit Friday, so we already have the news despite the lack of a press release. The company already pre-announced to the upside in December (
Dec 15: Life Partners Holdings Pre Announces ... to the Upside) and in this environment - the few & proud who can do that, are to be taken notice of. Everything continues to look solid for this "non correlated" asset... they hit exactly the numbers they guided to less than a month ago.
Their year end is February 2009 (to be reported in April) at which point analysts have a $2.27 yearly EPS (58 cents is the target for their last fiscal quarter). At $42 this will give them a trailing PE of 18.5 if the price does not change between here and there. Since there is no public competitor I don't know what a fair PE will be - they had 40% type of growth year over year... analysts are conservative for next year saying that growth rate will be cut in half.
The company also
announced a 5:4 split last week
- Life Partners Holdings, Inc.
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