Wider Loss for Micron Technology

S&P revises earnings estimates for FuelCell and others

Company: CommScope (CTV )

Year ending: Dec-02

Prior estimate: 0.23

New estimate: d0.02

Rationale: Absence of Adelphia revenue

Company: FuelCell Energy (FCEL )

Year ending: Oct-02

Prior estimate: d0.61

New estimate: d0.93

Rationale: Manufacturing accident

Company: Micron Technology (MU )

Year ending: Aug-02

Prior estimate: d0.15

New estimate: d0.36

Rationale: Lower DRAM spot prices

Company: Potash Corp. (POT )

Year ending: Dec-02

Prior estimate: 2.00

New estimate: 1.40

Rationale: Impact of stronger Canadian dollar

Company: Standard Microsystems (SMSC )

Year ending: Feb-03

Prior estimate: 0.20

New estimate: 0.10

Rationale: Recent acquisition hurting EPS

JUNE 14

Company: Tesoro Petroleum (TSO )

Year ending: Dec-02

Prior estimate: Nil

New estimate: d0.20

Rationale: Weak refining margins, higher expenses

JUNE 13

Company: Lucent Technologies (LU )

Year ending: Sep-02

Prior estimate: d0.57

New estimate: d0.67

Rationale: Lower company guidance

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