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"Clearly, analysts are lowering estimates," he noted, "because Ford is cutting back production because of the Firestone issue".
Steelcase, the office furniture maker, said yesterday that it was cutting 10percentt of its hourly work force in North America and lowering estimates for fiscal year 2001 earnings.
Every day it seems like someone is warning and lowering estimates".
For 2005, there is a penny of earnings-per-share at risk as a result of the account loss," said CSFB. "We are not lowering estimates to reflect GM as it is only May and there is likely more business to change hands among the agencies for the remainder of the year".
"We are lowering estimates to reflect signs of ongoing weaker business momentum in Europe, following last quarter's significant miss in this region and channel feedback that suggests that a number of larger deals may have slipped out of the May quarter," the research firm said.
If the vaccine offers any protection, this would enrich the case population with vaccinees thus falsely lowering estimates of effectiveness.
Similar(54)
Many analysts embraced the lowered estimates.
The loss met analysts' lowered estimates.
Reduced sales after the terrorist attacks Sept. 11 led many companies to lower estimates for next year.
The assessment lowered estimates of cost to the EU budget, previously put at up to €28bn (£19.4bn) a year.
The company earned $384 million, or 55 cents a diluted share -- more than recently lowered estimates of 52 cents a share.
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CEO of Professional Science Editing for Scientists @ prosciediting.com