“CBL & Associates Properties, Inc (CBL) projected to achieve -38.90% earnings growth for this year”
March 11, 2019
” CBL & Associates Properties, Inc (CBL) expected to achieve earnings per share (EPS) growth of -38.90% for this year while EPS growth projected to touch -50.00% for next year…”
Wow, so I guess I can expect the stock to half over the year? I’m invested in this stock. Lower stock prices means I can invest more but at the same time I don’t want to be involved with a company thats on a slow motion collision with bankruptcy.
Do note the housing market is set to improve slightly over the short term according to Wells Fargo. CBL deals in real estate. I know it doesn’t directly translate but there may be a little light at the end of the tunnel… maybe.