Lower Forecast for Lehman Brothers

S&P revises earnings forecasts for Herman Miller and others

Company: Herman Miller (MLHR )

Year ending: May-02

Prior estimate: 0.06

New estimate: d0.18

Rationale: Weaker than expected February quarter

Company: Lehman Brothers (LEH )

Year ending: Nov-02

Prior estimate: 5.35

New estimate: 4.81

Rationale: See reduced revenue growth

Company: Six Flags (PKS )

Year ending: Dec-02

Prior estimate: 0.05

New estimate: d0.23

Rationale: Higher projections for depreciation

MAR. 20

Company: Anadarko Petroleum (APC )

Year ending: Dec-02

Prior estimate: 1.90

New estimate: 2.35

Rationale: Updated oil & gas price forecasts

Company: CenturyTel (CTL )

Year ending: Dec-02

Prior estimate: 2.13

New estimate: 1.89

Rationale: Sale of wireless operations to Alltel

Company: Mercury Computer (MRCY )

Year ending: Jun-02

Prior estimate: 1.02

New estimate: 0.56

Rationale: Lower company guidance

Company: TriQuint Semiconductor (TQNT )

Year ending: Dec-02

Prior estimate: 0.10

New estimate: 0.50

Rationale: Weakness in optical networking chips

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