Markets & Finance

Lower Forecast for RehabCare


Company: Amkor Technology (AMKR)

Year ending: Dec-03

Prior estimate: 0.20

New estimate: -0.42

Rationale: Company guidance, deteriorating semiconductor industry

Company: AT&T (T)

Year ending: Dec-03

Prior estimate: -3.45

New estimate: 0.21

Rationale: Contract wis, debt exchange to Comcast

Company: Colonial Properties (CLP)

Year ending: Dec-03

Prior estimate: 2.65

New estimate: 1.31

Rationale: Soft fundamentals; adjustment for SFAS 144

Company: Corning (GLW)

Year ending: Dec-03

Prior estimate: -0.10

New estimate: -0.03

Rationale: Better cost controls

Company: Cox Radio (CXR)

Year ending: Dec-03

Prior estimate: 0.56

New estimate: 0.64

Rationale: Stronger radio advertising outlook

Company: Frontier Oil (FTO)

Year ending: Dec-02

Prior estimate: -0.41

New estimate: -0.24

Rationale: Stronger refining margins

Company: Glatfelter (GLT)

Year ending: Dec-02

Prior estimate: 1.15

New estimate: 0.96

Rationale: Weakness in publishing papers

Company: Ingersoll-Rand (IR)

Year ending: Dec-02

Prior estimate: 2.25

New estimate: 2.75

Rationale: Company guidance, elimination of one-time items

Company: JNI Corp (JNIC)

Year ending: Dec-03

Prior estimate: -0.61

New estimate: -0.68

Rationale: Competitive pressures

Company: Noble Energy (NBL)

Year ending: Dec-03

Prior estimate: 1.33

New estimate: 0.75

Rationale: Lower production guidance

Company: Radio One (ROIA)

Year ending: Dec-03

Prior estimate: 0.31

New estimate: 0.25

Rationale: Adjusting for unusual items

Company: RehabCare (RHB)

Year ending: Dec-03

Prior estimate: 1.90

New estimate: 1.65

Rationale: Increased competition

Company: Sanmina-SCI (SANM)

Year ending: Sep-03

Prior estimate: 0.35

New estimate: 0.15

Rationale: Continued end-market weakness

Company: U.S. Steel (X)

Year ending: Dec-03

Prior estimate: 1.25

New estimate: 1.90

Rationale: Likely market share gains

Company: Vishay Intertechnology (VSH)

Year ending: Dec-03

Prior estimate: 0.85

New estimate: 0.70

Rationale: Company guidance, revenue recovery hazy


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