Markets & Finance

Raising Forecast for Emmis Communications


Company: Boise Cascade (BCC)

Year ending: Dec-2003

Prior estimate: -.32

New estimate: .10

Rationale: Improved wood product prices

Company: Emmis Communications (EMMS)

Year ending: Feb-2004

Prior estimate: .21

New estimate: .37

Rationale: Strong second quarter; radio, TV ratings

Company: Georgia-Pacific (GP)

Year ending: Dec-2003

Prior estimate: .93

New estimate: 1.08

Rationale: Improved wood product prices

Company: LTX Corp (LTXX)

Year ending: Jul-2004

Prior estimate: -.25

New estimate: -.42

Rationale: Pro forma tax benefits excluded

Company: SAFECO Corp (SAFC)

Year ending: Dec-2003

Prior estimate: 3.00

New estimate: 2.10

Rationale: Third quarter reserve charge

Company: Sun Microsystems (SUNW)

Year ending: Jun-2004

Prior estimate: .10

New estimate: -.13

Rationale: See first quarter shortfall, lower gross margin

Sep. 29

Company: Axcelis Tech (ACLS)

Year ending: Dec-2003

Prior estimate: -.43

New estimate: -.37

Rationale: Recent cost cuts

Sep. 26

Company: BISYS Group (BSG)

Year ending: Jun-2004

Prior estimate: 1.10

New estimate: .83

Rationale: Weakness in life insurance segment

Company: Intuitive Surgical (ISRG)

Year ending: Dec-2003

Prior estimate: -.32

New estimate: -.10

Rationale: Merger

Company: Jones Apparel (JNY)

Year ending: Dec-2003

Prior estimate: 2.80

New estimate: 2.52

Rationale: See lower revenue, margins

Company: Placer Dome (PDG)

Year ending: Dec-2003

Prior estimate: .47

New estimate: .54

Rationale: Better prospects

Company: Pride International (PDE)

Year ending: Dec-2003

Prior estimate: .53

New estimate: .47

Rationale: Updated dayrate estimates

Company: Research in Motion (RIMM)

Year ending: Feb-2004

Prior estimate: .36

New estimate: .50

Rationale: Improved sales, margins

Company: Solectron (SLR)

Year ending: Aug-2004

Prior estimate: -.05

New estimate: -.09

Rationale: Restructuring; company guidance

Company: Steelcase (SCS)

Year ending: Feb-2004

Prior estimate: -.04

New estimate: -.01

Rationale: Improved cost structure


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW

Sponsored Financial Commentaries

Sponsored Links

Buy a link now!

 
blog comments powered by Disqus