Results are pretty much on line with my the market expectations that I had outlined in my previous posting.
A bit better on the revenue line, a bit below on the DPS, EPS and outlook front.
I would expect the market to react positively to these results even if they were already priced in the sp, to some extent. Based on my previous posting, the sp should be in the $4.70 region so it should go up.
That said, today is the day to release results so who know where we will be at the end of the day...
BLY Price at posting:
$4.37 Sentiment: Buy Disclosure: Held