STP beats by 2 cents....margin improved also $$$

STP announced outstanding result for Q2.....beating in every category and guiding higher also for Q3.......

Following are the breakdown of Q2:

Sales Q2 $317.4 million expected $287.33 million BEAT by $30.07 million or +10.4% an increase YOY of 147.7%

EPS Q2 25 cents expected 23 cents BEAT by 2 cents or +8.6% inspite of the fact that ADS increased by 4.8 million shares which is an increase of 2.9% in TOS +47% YOY...if we factor this increase out it adds another .073 cents /per share so it becomes 25.73 cents for Q2 so above consensus by 11.8%.......or 51.1% YOY.....

STP is also guiding HIGHER for Q3.....consensus $317.43 million an increase of 10.4% sequentially ..STP is guiding HIGHER production by 18.7%.......so their Sales guidance will be higher than consensus of $317.43......

STP margin also IMPROVED to 20.3%....

All in all a GREAT ER from STP.......

Expecting a major move UP in STP shares inspite of futures being DOWN sharply so far @ 5.48 AM...

Good luck to all holders of STP........

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