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To: Johnny Canuck who wrote (43431)7/19/2006 11:44:43 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 68710
 
ADC Telecommunications Cuts 3Q EPS, Sales Views

DOW JONES NEWSWIRES

ADC Telecommunications Inc. (ADCT) expects third-quarter earnings excluding its French business to come in a range of 15 to 18 cents a share, and fiscal 2006 earnings to range from 49 cents to 57 cents a share, down from a prior outlook of 65 to 80 cents a share.

The Minneapolis-based networking company said sales are expected to range from $330 to $335 million in the quarter and $1.28 to $1.30 billion for the year.

Its prior outlook was for 2006 sales of $1.35 billion to $1.39 billion.

The average estimate of analysts polled by Thomson First Call is for third- quarter earnings of 33 cents a share and 2006 per-share earnings of $1.06.

Shares closed Tuesday down 1.5% at $14.36.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com