Markets & Finance

Raising Estimate for KB Home


Company: American Power Conversion (APCC)

Year ending: Dec-02

Prior estimate: 0.69

New estimate: 0.52

Rationale: Weakened demand

Company: Cytyc (CYTC)

Year ending: Dec-02

Prior estimate: 0.53

New estimate: 0.35

Rationale: Weaker revenues

Company: Dynegy (DYN)

Year ending: Dec-02

Prior estimate: 1.45

New estimate: 1.10

Rationale: Lower return from marketing & trading

Company: KB Home (KBH)

Year ending: Nov-02

Prior estimate: 5.70

New estimate: 6.50

Rationale: Very strong May quarter

Company: Park Electrochemical (PKE)

Year ending: Feb-03

Prior estimate: d0.05

New estimate: d0.02

Rationale: Operational improvements, cost cutting

Company: Quantum (DSS)

Year ending: Dec-02

Prior estimate: 0.01

New estimate: d0.10

Rationale: Slowdown in demand from major customer

JUNE 24

Company: Bear Stearns ()

Year ending: Nov-02

Prior estimate: 4.85

New estimate: 6.28

Rationale: Higher sales, controlled costs


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