Better Forecast for Ford

S&P revises earnings forecasts for Knight Ridder and others

Company: Boise Cascade (BCC )

Year ending: Dec-02

Prior estimate: 0.90

New estimate: 0.60

Rationale: Company guidance

Company: Emmis Communications (EMMS )

Year ending: Feb-03

Prior estimate: d0.95

New estimate: d0.65

Rationale: Adjusted for goodwill amortization

Company: Ford Motor (F )

Year ending: Dec-02

Prior estimate: d0.29

New estimate: d0.09

Rationale: Expect vehicle production to increase

Company: Knight Ridder (KRI )

Year ending: Dec-02

Prior estimate: 3.05

New estimate: 3.54

Rationale: Adjustment for goodwill accounting

Company: PPG Industries (PPG )

Year ending: Dec-02

Prior estimate: 3.00

New estimate: 2.50

Rationale: Lower than expected caustic soda prices

MAR. 22

Company: Korn/Ferry (KFY )

Year ending: Apr-02

Prior estimate: d0.30

New estimate: d0.45

Rationale: Weaker than expected revenues

Company: Micron Technology (MU )

Year ending: Aug-02

Prior estimate: d0.45

New estimate: Nil

Rationale: Delivers strong recovery quarter

Company: Quantum Corp. (DSS )

Year ending: Mar-03

Prior estimate: 0.40

New estimate: 0.05

Rationale: Weak demand, longer sales cycles

Company: Solectron (SLR )

Year ending: Aug-02

Prior estimate: 0.30

New estimate: 0.10

Rationale: Slower turnaround in telecomm sector

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