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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Donald Wennerstrom who wrote (34510)4/2/2007 10:24:54 AM
From: Donald Wennerstrom  Read Replies (1) | Respond to of 95757
 
Zacks Earnings Preview: Best Buy, Circuit City, Monsanto, Micron Technology and Constellation Brands
04/02/2007 08:39:15

CHICAGO, Apr 02, 2007 (BUSINESS WIRE) -- Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes Circuit City (NYSE: CC) and Micron Technology (NYSE: MU).

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Concerns about DRAM pricing have caused brokerage analysts to cut their quarterly projections ahead of Micron Technology's (NYSE: MU) fiscal second-quarter report. During the past 30 days, six analysts have revised their projections. The combined cuts have resulted in a consensus estimate that calls for profits of just two cents per share, five cents below the forecast of just 30 days ago. The Most Recent Consensus is even more bearish and calls for a loss of six cents per share. MU has missed expectations once in the past two quarters. Micron Technology is scheduled to report on Wednesday, Apr 4.

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