Markets & Finance

Raising Forecast for EarthLink


Company: Burlington Resources (BR)

Year ending: Dec-02

Prior estimate: 1.03

New estimate: 0.33

Rationale: Lower commodity prices

Company: Ceridian Corp. (CEN)

Year ending: Dec-02

Prior estimate: 0.62

New estimate: 0.78

Rationale: Absence of goodwill amortization

Company: Dover Corp. (DOV)

Year ending: Dec-02

Prior estimate: 0.66

New estimate: 1.15

Rationale: Absence of goodwill expense

Company: EarthLink (ELNK)

Year ending: Dec-02

Prior estimate: d0.07

New estimate: 0.13

Rationale: Excluding goodwill expense

Company: Millennium Pharmaceuticals (MLNM)

Year ending: Dec-02

Prior estimate: d0.50

New estimate: d0.62

Rationale: Lower revenues, higher R&D costs

Company: Roadway (ROAD)

Year ending: Dec-02

Prior estimate: 2.55

New estimate: 2.85

Rationale: Rate increases, acquisition

Company: Tellabs Inc. (TLAB)

Year ending: Dec-02

Prior estimate: 0.30

New estimate: 0.22

Rationale: Weak telecom spending outlook


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