Markets & Finance

Bigger Losses Seen for Ciena


May 22

Company: CIENA Corp (CIEN

)

Year ending: Oct-03

Prior estimate: -0.41

New estimate: -0.74

Rationale: Disappointing near term revenue outlook

Company: Electronics Boutique (ELBO

)

Year ending: Jan-04

Prior estimate: 1.96

New estimate: 1.74

Rationale: Company guidance

Company: Nabors Industries (NBR

)

Year ending: Dec-03

Prior estimate: 1.22

New estimate: 1.42

Rationale: New forecasts for U.S. rig count May 21

Company: Agilent Technologies (A

)

Year ending: Oct-03

Prior estimate: -0.52

New estimate: 0.50

Rationale: Narrower than expected second-quarter loss

Company: Dillard's (DDS

)

Year ending: Jan-04

Prior estimate: 2.00

New estimate: 0.95

Rationale: Weak sales momentum

Company: ICN Pharmaceuticals (ICN

)

Year ending: Dec-03

Prior estimate: 0.85

New estimate: 0.95

Rationale: New management's restructuring efforts


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