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Projected earnings growth has nose-dived to 4%–half that of the Standard & Poor's.
What might be the athlete's projected earnings?
"Let's look at projected earnings for the next quarter".
Analysts had projected earnings of 42 cents a share.
On the basis of these projected earnings, the company is valued at $1.7 billion.
Traditional P/E ratios compare stock prices with one year's worth of historical or projected earnings.
An earlier version referred to next year's projected earnings rather than revenue.
Analysts surveyed by First Call/Thompson Financial projected earnings to reach $1.17 a share on average.
Even with the decline, the stock still trades at 64 times its projected earnings.
Juniper Networks, which sells for 355 times projected earnings, slid $14.63, to $166.38.
The S.& P. 500 is trading at 20 times next year's projected earnings.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com