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Non-Tech : Auto Rental Companies - AVI, BD, HRZ, DTG, AN

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To: Paul Senior who wrote (8)11/25/1998 10:11:00 AM
From: Grommit  Read Replies (1) of 218
 
BD - fresh earnings revision

BD: ABN-AMRO decreased estimate for fiscal year ending 12/98 from $1.89 to $1.05 on 11/23/98

BD: ABN-AMRO decreased estimate for fiscal year ending 12/99 from $1.90 to $1.50 on 11/23/98

BD: ABN-AMRO decreased estimate for quarter ending 12/98 from $0.18 to $-0.90 on 11/23/98

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PS - ABN-AMRO recently reduced 12/99 from 2.55 to 1.90, and now they lower again. I would not put much faith in the 1999 estimates of any analyst right now. The spread is too great so I wonder how much direction is coming from the company. You may want to give BD a call.
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