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Areas under the correct classification curve (AUC) per forecast horizon (from 1 to 12 months), depending on the length of the sample available to fit the predictive model.
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Banc of America currently estimates 2004 earnings of $3.94 per share, and lowered its 2005 earnings-per-share forecast to $4.38 from $4.41.
The research firm issued a 2005 earnings-per-share forecast of 39 cents on revenue of $552 million, and a 2006 earnings-per-share forecast of 62 cents on revenue of $678 million.
The analyst also cut her 2008 profit-per-share forecast to 20 cents from $4.
Kohl's, which also reported results Thursday, said its quarterly profit fell 3.5 percent, and also lowered its annual earnings-per-share forecast, to $4.15 to $4.35, down from $4.15 to $4.45.
Prudential lowered the 2006 earnings-per-share forecast to $1.44 from $3.50.
Its per-share forecast of 55 cents smashed the consensus estimate of 23 cents.
***PEG: 12-month forward estimated P/E divided by long term earnings-per-share forecast.
Whittington raised the first-quarter earnings-per-share forecast on AMD to 37 cents from 33 cents.
Shares of CVS Caremark are down nearly 12% after cutting its 2009 earnings-per-share forecast.
Merrill Lynch maintained its fiscal fourth-quarter earnings-per-share forecast of 36 cents but raised the fiscal 2006 estimate to $1.55 from $1.52.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com