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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (42665)3/21/2002 1:09:44 PM
From: hotlinktuna  Read Replies (1) | Respond to of 99280
 
Zeev...BSC 61.30 -.80 2002 earnings est. upped to 4.70 from 3.90 Thursday March 21, 12:00 pm Eastern Time
RESEARCH ALERT-Robertson ups Bear Stearns estimate
NEW YORK, March 21 (Reuters) - Robertson Stephens on Thursday said it raised its 2002 earnings estimate for Wall Street firm Bear Stearns Cos. Inc. (NYSE:BSC - news) after the company posted earnings that topped analysts' estimates.

``We are increasing our 2002 EPS estimate from $3.90 to $4.70 to reflect continued strength in fixed income trading and improved margins,'' analyst Justin Hughes said in a research note.

Shares of Bear Stearns, which posted a 13-percent increase in first-quarter earnings on Wednesday, beating the high end of Wall Street estimates, closed at $62.10 in Wednesday trading on the New York Stock Exchange.
Lost on this yesterday but trying again here....tuna



To: Zeev Hed who wrote (42665)3/22/2002 6:55:20 AM
From: Rich1  Read Replies (1) | Respond to of 99280
 
Message 17226898