Markets & Finance

Higher Forecast for Forest Labs


Company: BMC Software (BMC)

Year ending: Mar-03

Prior estimate: 0.40

New estimate: 0.32

Rationale: Challenging IT environment

Company: Cirrus Logic (CRUS)

Year ending: Mar-03

Prior estimate: -0.13

New estimate: -0.34

Rationale: Company guidance

Company: Forest Labs (FRX)

Year ending: Mar-03

Prior estimate: 2.38

New estimate: 2.65

Rationale: Better than expected Celexa sales

Company: Nabors Industries (NBR)

Year ending: Dec-02

Prior estimate: 1.11

New estimate: 0.86

Rationale: Company guidance

SEPT. 30

Company: Chesapeake Energy (CHK)

Year ending: Dec-02

Prior estimate: 0.62

New estimate: 0.49

Rationale: Updated hedging positions

Company: Extreme Networks (EXTR)

Year ending: Jun-03

Prior estimate: 0.25

New estimate: 0.05

Rationale: Company guidance

Company: Noble Energy (NBL)

Year ending: Dec-02

Prior estimate: 0.40

New estimate: 0.50

Rationale: Updated oil and gas prices


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