Q: Can you please comment on earnings and the company overall? What would be a good entry point? Thank you
5i Research Answer:
Revenue was $67.6M slightly better than estimates. Rental revenue rose 16%. Cash flow per share rose 19% to $2.47, and ahead of estimates of $2.39. Net operating income rose 11%. We would consider it a solid quarter. Commentary was good, with the company talking about 'major opportunities' in the coming year. The dividend was raised last month. We would be comfortable at $200.