Shares of XO Group (NYSE:XOXO) got hammered after the company missed estimates on earnings and revenues for the fourth quarter. While Mr. Market might not have liked the results, digging deeper there were several items to like. Going forward, the company has both a new CEO and CFO. The sell-off looks to be a great opportunity for long-term investors, and there's some downside protection with $3.67 per share in cash and no debt on the balance sheet.
Furthermore, shares are a long way off their pre-crisis level highs.
Q4 saw increased expenses as XO positions for the long-term
Earnings for Q4 came in at $0.02, which missed expectations by $0.09. Revenues missed expectations by $1.33 million, but were...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|