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DRI Going Strong

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October 07, 2008 |Comments: 0
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TBUS

DRI Corp. (TBUS) declared Tuesday that its Board of Directors has approved the management's strategic plan that projects a three-year run rate more than $120 million in fiscal year 2011. The company also announced that management expects TBUS to post fiscal year 2008 earnings in the upper end of a 14 cents to 17 cents range.

However, the stock looks fairly valued with a PE ratio of 11.05. Shares of TBUS are up approximately 5% today. Earnings estimates for this year are up to 18 cents from 17 cents over the past two months.

Read the full analyst report on TBUS

 
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