Cutting Forecast for RehabCare

S&P revises earnings estimates for Ford and others

Company: Hartford Financial (HIG )

Year ending: Dec-03

Prior estimate: 4.65

New estimate: -1.75

Rationale: First-quarter Asbestos charge

Company: May Department Stores (MAY )

Year ending: Jan-04

Prior estimate: 2.10

New estimate: 1.80

Rationale: Disappointing first quarter; limited visibility

Company: Noble Energy (NBL )

Year ending: Dec-03

Prior estimate: 2.46

New estimate: 1.98

Rationale: First-quarter EPS, conference call

Company: Overseas Shipping (OSG )

Year ending: Dec-03

Prior estimate: 1.14

New estimate: 2.91

Rationale: Very strong charter rates

Company: Payless ShoeSource (PSS )

Year ending: Jan-04

Prior estimate: 1.74

New estimate: 1.34

Rationale: First-quarter results

Company: RehabCare (RHB )

Year ending: Dec-03

Prior estimate: 1.75

New estimate: 1.30

Rationale: Change in nurse staffing pricing model

Company: Salton Inc (SFP )

Year ending: Jun-04

Prior estimate: 2.02

New estimate: 2.43

Rationale: Third-quarter results; lower operating costs

Company: Too Inc (TOO )

Year ending: Jan-04

Prior estimate: 1.48

New estimate: 1.30

Rationale: Company guidance; strong competition

May 13

Company: Cabot Oil & Gas (COG )

Year ending: Dec-03

Prior estimate: 2.92

New estimate: 2.27

Rationale: Updated oil & gas prices; first-quarter EPS and conference call

Company: Carpenter Technology (CRS )

Year ending: Jun-04

Prior estimate: 0.40

New estimate: -0.47

Rationale: Company projects $1.00/share pension expense

Company: Ford Motor (F )

Year ending: Dec-03

Prior estimate: 0.56

New estimate: 0.74

Rationale: Expected cost savings

Company: Four Seasons (FS )

Year ending: Dec-03

Prior estimate: 1.13

New estimate: 0.93

Rationale: Declining gross operating margin

Company: LTX Corp (LTXX )

Year ending: Jul-04

Prior estimate: -0.34

New estimate: -0.28

Rationale: Company guidance

Company: Transocean Inc (RIG )

Year ending: Dec-03

Prior estimate: 1.07

New estimate: 0.72

Rationale: Nigerian strike; market uncertainty

May 12

Company: Reader's Digest (RDA )

Year ending: Jun-04

Prior estimate: 1.18

New estimate: 1.00

Rationale: Poor business environment; charges

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE