Higher Forecast for Maytag

S&P revises earnings estimates for Valero Energy and others

Company: AK Steel (AKS )

Year ending: Dec-02

Prior estimate: 0.30

New estimate: Nil

Rationale: Reflects loss on asset sale

Company: Maytag (MYG )

Year ending: Dec-02

Prior estimate: 2.79

New estimate: 3.09

Rationale: Improving sales and margins

Company: Stilwell Financial (SV )

Year ending: Dec-02

Prior estimate: 1.61

New estimate: 1.38

Rationale: Weakness in growth investing

Company: Valero Energy (VLO )

Year ending: Dec-02

Prior estimate: 2.63

New estimate: 1.74

Rationale: Lower refining margins

JUNE 11

Company: Advent Software (ADVS )

Year ending: Dec-02

Prior estimate: 1.30

New estimate: 1.07

Rationale: Reflects lower growth

Company: Ashland Inc. (ASH )

Year ending: Sep-02

Prior estimate: 3.20

New estimate: 2.88

Rationale: Lower refining margins

JUNE 10

Company: Elan Corp plc (ELN )

Year ending: Dec-02

Prior estimate: 1.15

New estimate: 0.95

Rationale: Higher costs

Company: Stone Energy (SGY )

Year ending: Dec-02

Prior estimate: 1.18

New estimate: 1.80

Rationale: Updated oil and gas prices

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