This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Collectors Universe's CEO Discusses F2Q2012 Results - Earnings Call Transcript

Financially, I thought I would take a minute and provide a snapshot of progress we have made on corporate financial metrics over the last three calendar years. For the latest twelve months ended in December of 2008, we were loosing money. Operating income was negative and balance sheet metrics were not applicable.

For the latest 12 months of the quarter just ended December 2011, operating income was approximately 22% excluding stock based comp. Return on assets 16%, return on equity 23% and return on invested capital approaching 50%. This is with a balance sheet that is entirely equity financed and quite conservative. Not surprisingly, total shareholder returns over the same period including dividends was over 663%.

We think our strategy is working and its success is predicated on the credit thinking of our leaders to provide to our customer products and services they value, solid execution and attention to detail within our core business and a focus on running the business financially well.

I would like to say thank you to a number of the key executives for making this happen. Don Willis, President of PCGS; Miles Standish, President of our Modern Business; Muriel Eymery, Vice President of our International Development and she has been very busy lately; Joe Orlando, President of PSA and DNA; Cassi East, President of CCE and our online activities; and Anibal Almeida, he is our Operation Guru that helps move 3 million units through this building every year; and David Rosenberg, our IT leader.

Read the rest of this transcript for free on

3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.19 0.00%
FB $118.06 0.00%
GOOG $695.70 0.00%
TSLA $222.56 0.00%
YHOO $37.18 3.30%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs