Markets & Finance

Cutting Forecast for Coinstar


Company: Coinstar (CSTR)

Year ending: Dec-02

Prior estimate: 0.70

New estimate: 0.90

Rationale: Higher than expected revenues

Company: Millennium (MCH)

Year ending: Dec-02

Prior estimate: -0.75

New estimate: -0.50

Rationale: Better than expected 2Q results

Company: priceline.com (PCLN)

Year ending: Dec-02

Prior estimate: 0.12

New estimate: 0.09

Rationale: More conservative growth/margin expectations

Company: Questar Corp (STR)

Year ending: Dec-02

Prior estimate: 1.98

New estimate: 1.75

Rationale: Short term gas price declines

Company: Read-Rite (RDRT)

Year ending: Sep-03

Prior estimate: -0.60

New estimate: -1.00

Rationale: Continued demand weakness

Company: Remington Oil (REM)

Year ending: Dec-02

Prior estimate: 0.50

New estimate: 0.58

Rationale: Updated production guidance

July 31

Company: ADVANTA Corp (ADVNA)

Year ending: Dec-02

Prior estimate: 0.92

New estimate: 1.47

Rationale: Rising sales estimates

Company: Alcon Inc (ACL)

Year ending: Dec-02

Prior estimate: 1.35

New estimate: 1.54

Rationale: Higher operating margins

Company: Amkor Tech (AMKR)

Year ending: Dec-02

Prior estimate: -1.20

New estimate: -1.50

Rationale: High leverage in slow-growth environment

Company: Archer-Daniels (ADM)

Year ending: Jun-03

Prior estimate: 0.86

New estimate: 0.74

Rationale: Unfavorable agricultural environment

Company: Children's Place (PLCE)

Year ending: Jan-03

Prior estimate: 2.00

New estimate: 1.60

Rationale: New strategy less effective than forecast

Company: Frontier Oil (FTO)

Year ending: Dec-02

Prior estimate: 0.73

New estimate: -0.37

Rationale: Lower refining margin forecasts

Company: Murphy Oil (MUR)

Year ending: Dec-02

Prior estimate: 1.21

New estimate: 1.85

Rationale: 2Q EPS, updated outlook

Company: NVIDIA Corp (NVDA)

Year ending: Jan-03

Prior estimate: 1.78

New estimate: 0.90

Rationale: Big warning on revenues, EPS for July-Q

Company: PACCAR Inc (PCAR)

Year ending: Dec-02

Prior estimate: 2.60

New estimate: 2.11

Rationale: EPA prebuy, company guidance

Company: Swift Energy (SFY)

Year ending: Dec-02

Prior estimate: 0.11

New estimate: 0.14

Rationale: New guidance, price forecasts

Company: Ventana Medical (VMSI)

Year ending: Dec-02

Prior estimate: 0.31

New estimate: 0.38

Rationale: Lower tax rate, some gross margin expansion

Company: Verizon Communications (VZ)

Year ending: Dec-02

Prior estimate: 3.13

New estimate: 0.63

Rationale: Estimates now include 1Q, 2Q charges

Company: Vishay Intertechnology (VSH)

Year ending: Dec-02

Prior estimate: 0.60

New estimate: 0.48

Rationale: Semi recovery pushed out a quarter or two

Company: XL Capital Ltd' (XL)

Year ending: Dec-02

Prior estimate: 6.70

New estimate: 5.25

Rationale: Impact of additional WTC reserves

July 30

Company: Alpharma Inc'A (ALO)

Year ending: Dec-02

Prior estimate: 1.09

New estimate: 0.90

Rationale: Weakness in animal health lines

Company: Arrow Electronics (ARW)

Year ending: Dec-02

Prior estimate: 0.32

New estimate: 0.28

Rationale: Lower visibility

Company: Atlas Air Worldwide (CGO)

Year ending: Dec-02

Prior estimate: 0.18

New estimate: -0.66

Rationale: Stronger liquidity, growth prospects

Company: Barrick Gold (ABX)

Year ending: Dec-02

Prior estimate: 0.40

New estimate: 0.35

Rationale: Company doubling exploration spending

Company: Bowater (BOW)

Year ending: Dec-02

Prior estimate: -1.90

New estimate: -2.15

Rationale: See challenging 3Q

Company: Cabot Microelectronics (CCMP)

Year ending: Sep-03

Prior estimate: 2.48

New estimate: 2.20

Rationale: Slowing semiconductor growth

Company: CenturyTel Inc (CTL)

Year ending: Dec-02

Prior estimate: 2.03

New estimate: 1.48

Rationale: Wireless now discontinued operation

Company: Cooper Indus'A (CBE)

Year ending: Dec-02

Prior estimate: 3.08

New estimate: 2.71

Rationale: No longer expect second half demand recovery

Company: Coventry Health (CVH)

Year ending: Dec-02

Prior estimate: 1.95

New estimate: 2.35

Rationale: Company guidance

Company: Cree Inc (CREE)

Year ending: Jun-03

Prior estimate: 0.50

New estimate: 0.45

Rationale: Weaker prospects

Company: DPL Inc (DPL)

Year ending: Dec-02

Prior estimate: 1.70

New estimate: 0.80

Rationale: Significant 2Q loss

Company: Dreyer's Grand (DRYR)

Year ending: Dec-02

Prior estimate: 1.35

New estimate: 1.15

Rationale: Reduced growth expectations

Company: EarthLink Inc (ELNK)

Year ending: Dec-02

Prior estimate: -0.26

New estimate: -0.21

Rationale: 2Q results, guidance for rest of 2002

Company: El Paso Energy (EPN)

Year ending: Dec-02

Prior estimate: 0.59

New estimate: 1.05

Rationale: Recent acquisitions

Company: Hilton Hotels (HLT)

Year ending: Dec-02

Prior estimate: 0.63

New estimate: 0.54

Rationale: Lower expectations for the second half

Company: Pride Intl. (PDE)

Year ending: Dec-02

Prior estimate: 0.33

New estimate: 0.07

Rationale: 2Q conference call, updated market outlook

Company: Rudolph Technology (RTEC)

Year ending: Dec-02

Prior estimate: 0.27

New estimate: 0.19

Rationale: Company's products gaining acceptance

Company: Spinnaker Expl. (SKE)

Year ending: Dec-02

Prior estimate: 1.20

New estimate: 0.77

Rationale: Updated production guidance

Company: Valero Energy (VLO)

Year ending: Dec-02

Prior estimate: 2.05

New estimate: 1.32

Rationale: Updated refining forecasts


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