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But he added that the deal appeared fair when viewed as multiples of both Danamon's book value and its earnings, estimating that DBS was paying about 18.4 times the Indonesian bank's profit.
Eric Hagen Brokerage: Lazard Capital Markets Industry: Oil-Exploration and Production Rank: 4. Chicago-based Zacks Investment Research ranks Lazard Capital Markets analyst Eric Hagen as fourth among all security analysts for both stock-picking and earnings estimating for the past three years through last March.
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The consensus earnings estimate on Wall Street for Intel next year is 80 cents a share.
Lehman raised MEMC's 2005 earnings estimate $1.29 per share from $1.15, and introduced a 2006 earnings estimate of $1.45 per share.
"There are still declining earnings estimates.
Analysts also raised their earnings estimates.
In industrials, 82% have beaten earnings estimates.
DirecTV handily trounced earnings estimates, with earnings up 7.4 percent.
Chuck Hill, director of research at Thomson First Call, tracks corporate earnings estimates.
"We knew the earnings estimates were too high".
Chico's and Sharper Image raised their earnings estimates.
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