New estimates from first call:
10 analysts revised their estimates post earnings, 8 up, 2 down. For this quarter the consensus now is a loss of .30, improved from .31 loss with a range from -.47 to -.09. For next quarter the consensus is no a loss of .13, up from the prior estimate of a loss of .14.
For this year the consensus is a loss of .24, up from the pre earnings announcement figure of -.27. The range is from a loss of 1.55 to a profit of 1.00. Two estimates are in the vicinity of a loss of $1.50, three in the vicinity of a loss of $1.00, two more around a loss of $.50, and 6 are positive. For the year 2.000 the consensus is a profit of $2.19, but only three analysts have made an estimate that far out.
Thus estimates have not changed much, but they did rise a penny per quarter or so. The other comment is that only two analysts thing MU will lose more than $200 million this quarter, so I suspect they may be able to fund that equipment they need.
Carl |
