Keystone’s fiscal 3Q07 earnings and Gator Football. (01/31/07)
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I know most earnings notes start out saying company xyz reported earnings per share (eps) of $x.xx blah, blah, blah. 

The only thing I’d point out about Keystone’s $9.5 million of earned income ($0.57 per share) in the quarter, is that $200,000 of it (a little more than a penny a share) resulted from a favorable tax benefit (as the company adjusts down to a lower than originally expected rate for fiscal 2007.) 

But when you consider Keystone’s earnings were more than a couple million (roughly 30%) higher than what they earned last year in the third fiscal quarter, what’s a couple hundred thou? 

And, in all fairness, I certainly didn’t expect such a strong ...

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Related Companies: Advance Auto Parts
Group 1 Automotive
Keystone Auto Parts
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