Q: WELL just reported a good quarter and the stock is down 5%. My data shows that EPS was .43 not .04 as you reported on your recent post. Can you explain the weak stock performance today? Thank you
5i Research Answer:
Adjusted EPS was $0.05 per share as per the company's press release. Stocks do not always move the way one wants on earnings. WELL rose 2.9% yesterday in anticipation. It is essentially the same price now as it was seven days ago. It is up 15% YTD and ahead of the market. We thought the quarters was fine, with impressive organic growth.