Gaucho Chris,
See what this guy says:
Oppenheimer analyst Tim Horan lowered his 2014 forecast for MagicJack’s diluted earnings per share to $1.27, from $1.38, according to a July 8 research note. He reiterated his market perform rating of the stock. Analysts are on average estimating full-year profit of $1.45 per share, Bloomberg show.
“The stock will likely remain highly volatile,” Horan, who is based in New York, wrote. “There does remain a lot of execution/timing risk, although this should be resolved by year-end.”
Mykie