business

Wider Loss Forecast for UAL

S&P revises earnings estimates on EDS and others

Company: 3Com (COMS )

Year ending: May-03

Prior estimate: -0.04

New estimate: -0.03

Rationale: Company guidance

Company: AmeriCredit (ACF )

Year ending: Jun-03

Prior estimate: 4.45

New estimate: 0.90

Rationale: Change of accounting for asset sale gains

Company: Bowater (BOW )

Year ending: Dec-02

Prior estimate: -2.15

New estimate: -2.65

Rationale: Company guidance

Company: Duke Energy (DUK )

Year ending: Dec-02

Prior estimate: 2.45

New estimate: 2.00

Rationale: Weak wholesale power market

Company: General Communication (GNCMA )

Year ending: Dec-02

Prior estimate: 0.03

New estimate: 0.10

Rationale: Customer payment, steady long distance traffic

Company: UAL Corp. (UAL )

Year ending: Dec-02

Prior estimate: -25.05

New estimate: -27.61

Rationale: Higher labor, fuel costs

SEPT. 19

Company: Accredo Health (ACDO )

Year ending: Jun-03

Prior estimate: 1.45

New estimate: 1.95

Rationale: Acquisition of specialty pharmaceuticals unit of GTIV

Company: Belden (BWC )

Year ending: Dec-02

Prior estimate: 0.90

New estimate: 0.78

Rationale: Company guidance

Company: Cree (CREE )

Year ending: Jun-03

Prior estimate: 0.40

New estimate: 0.28

Rationale: Earnings warning from major customer

Company: Electronic Data Systems (EDS )

Year ending: Dec-02

Prior estimate: 3.00

New estimate: 2.07

Rationale: Weak end-market, execution concerns

Company: MKS Instruments (MKSI )

Year ending: Dec-02

Prior estimate: -0.09

New estimate: -0.19

Rationale: Slowing industry conditions

Company: Neuberger Berman (NEU )

Year ending: Dec-02

Prior estimate: 1.70

New estimate: 1.48

Rationale: Lower management fees, commission income

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