Q: Good Morning
I hold a position in TMX which declared adjusted diluted earnings per share of $1.11 in Q1 2017, up 11% compared with Q1 2016and revenues of $186.1 million, up 5%. Cash flow from operating activities of $67.0 million, up 20%. They are also raising the dividend 11%. Any idea for the drop of 5.5% this morning? Do you suggest I hold or sell?
Thank you Marty
I hold a position in TMX which declared adjusted diluted earnings per share of $1.11 in Q1 2017, up 11% compared with Q1 2016and revenues of $186.1 million, up 5%. Cash flow from operating activities of $67.0 million, up 20%. They are also raising the dividend 11%. Any idea for the drop of 5.5% this morning? Do you suggest I hold or sell?
Thank you Marty