Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Aeroflex Holding
So what: Fourth-quarter adjusted earnings were OK, coming in at $0.35 a share -- a penny better than the consensus estimate, Briefing.com reported. Revenue, meanwhile, rose only 4.7% to $198.7 million. Wall Street had been calling for $199.3 million.
Now what: As big as that miss was, it was guidance that sent investors packing. Aeroflex, which specializes in sensitive electronics, expects $160 million to $165 million in Q1 revenue and $0.09 to $0.11 per share in adjusted earnings. Analysts were expecting a more robust $0.19 on $175.03 million in revenue. No wonder investors were bailing out. Where do you stand on this stock? Would you use the sell-off as a buying opportunity? Weigh in using the comments box below.
Interested in more info on Aeroflex Holding? Add it to your watchlist .
Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team. He didn't own shares in any of the companies mentioned in this article at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Google+ or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.