Markets & Finance

Lower Forecast for Tenet Healthcare


Company: ADC Telecom (ADCT)

Year ending: Oct-03

Prior estimate: -0.24

New estimate: -0.07

Rationale: Aggressive cost reductions

Company: ADVANTA (ADVNA)

Year ending: Dec-04

Prior estimate: 1.75

New estimate: 1.28

Rationale: Weaker credit quality; lower sales

Company: Alcatel (ALA)

Year ending: Dec-03

Prior estimate: -0.26

New estimate: -0.43

Rationale: Weak telecom market

Company: Charter Communications (CHTR)

Year ending: Dec-03

Prior estimate: -1.99

-2.19

New estimate: Softer outlook

Company: Chesapeake Energy (CHK)

Year ending: Dec-03

Prior estimate: 0.31

New estimate: 0.41

Rationale: Reflects acquisition

Company: DuPont Photomasks (DPMI)

Year ending: Jun-03

Prior estimate: -0.85

New estimate: -0.95

Rationale: Company guidance

Company: Hughes Electronics (GMH)

Year ending: Dec-03

Prior estimate: -0.05

New estimate: -0.08

Rationale: Lower profitability

Company: Integrated Device (IDTI)

Year ending: Mar-04

Prior estimate: 0.15

New estimate: 0

Rationale: Soft demand; charges; third-quarter warning

Company: Korn/Ferry Int. (KFY)

Year ending: Apr-03

Prior estimate: -0.05

New estimate: -0.20

Rationale: Second-quarter loss, lower third-quarter guidance from company

Company: Mentor Graphics (MENT)

Year ending: Dec-03

Prior estimate: 0.70

New estimate: 0.51

Rationale: Company guidance

Company: Staten Island Bancorp (SIB)

Year ending: Dec-03

Prior estimate: 1.65

New estimate: 1.96

Rationale: Improved interest rate outlook

Company: Tenet Healthcare (THC)

Year ending: May-03

Prior estimate: 2.90

New estimate: 2.45

Rationale: See halt of Medicare outlier payments

Dec. 3

Company: Inhale Therapeutic (INHL)

Year ending: Dec-03

Prior estimate: -1.40

New estimate: -1.80

Rationale: See sharply higher R&D, other expenses

Company: NEXTEL Communications (NXTL)

Year ending: Dec-03

Prior estimate: 0.43

New estimate: 0.60

Rationale: New technology, debt repays cut costs

Company: Patina Oil & Gas (POG)

Year ending: Dec-03

Prior estimate: 2.78

New estimate: 3.05

Rationale: Recent acquisitions

Company: Texas Instruments (TXN)

Year ending: Dec-03

Prior estimate: 0.40

New estimate: 0.35

Rationale: Lower revenue outlook

Dec. 2

Company: Goodyear Tire (GT)

Year ending: Dec-03

Prior estimate: 0.90

New estimate: 0.09

Rationale: Reduced sales outlook; pension costs

Company: IMC Global (IGL)

Year ending: Dec-03

Prior estimate: 0.80

New estimate: 0.50

Rationale: Lower company guidance

Company: Level 3 Communications (LVLT)

Year ending: Dec-03

Prior estimate: -2.48

New estimate: -2.21

Rationale: Acquisition of GENU assets

Company: Potash (POT)

Year ending: Dec-03

Prior estimate: 2.00

New estimate: 1.50

Rationale: Company guidance

Company: TriQuint Semiconductor (TQNT)

Year ending: Dec-03

Prior estimate: 0.12

New estimate: -0.10

Rationale: Weaker first-quarter guidance


Ebola Rising
LIMITED-TIME OFFER SUBSCRIBE NOW

Sponsored Financial Commentaries

Sponsored Links

Buy a link now!

 
blog comments powered by Disqus