Markets & Finance

Applied Materials Earnings Estimate Cut


Company: Applied Materials (AMAT)

Year ending: Oct-01

Prior estimate: 3.05

New estimate: 2.50

Rationale: Reflects sector slowdown

Company: CenturyTel Inc. (CTL)

Year ending: Dec-01

Prior estimate: 1.90

New estimate: 1.65

Rationale: CLEC start up losses

Company: Millenium Pharmaceuticals (MLNM)

Year ending: Dec-01

Prior estimate: d0.38

New estimate: d0.48

Rationale: Higher R&D, SG&A expenses

Company: Sepracor Inc. (SEPR)

Year ending: Dec-01

Prior estimate: d2.50

New estimate: d3.30

Rationale: Higher R&D, SG&A expenses


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