Markets & Finance

Trimming Forecast for PerkinElmer


Company: Boston Properties (BXP)

Year ending: Dec-03

Prior estimate: 2.46

New estimate: 2.18

Rationale: Softening market fundamentals

Company: Bowater (BOW)

Year ending: Dec-03

Prior estimate: 2.70

New estimate: 1.55

Rationale: Slow newsprint prices, demand recovery

Company: EarthLink (ELNK)

Year ending: Dec-03

Prior estimate: 0.26

New estimate: 0.17

Rationale: Increased competition

Company: FEI (FEIC)

Year ending: Dec-03

Prior estimate: 1.46

New estimate: 0.93

Rationale: Falling semiconductor, data storage orders

Company: PerkinElmer (PKI)

Year ending: Dec-03

Prior estimate: 0.65

New estimate: 0.55

Rationale: Sees soft markets continuing

Company: Quantum (DSS)

Year ending: Mar-03

Prior estimate: -0.33

New estimate: -0.28

Rationale: Cost reductions, demand improvements

Company: Superior Industries (SUP)

Year ending: Dec-03

Prior estimate: 2.86

New estimate: 3.52

Rationale: Continues to win new contracts


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