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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?


To: Oeconomicus who wrote (2522)3/13/1998 2:07:00 PM
From: Volsi Mimir  Respond to of 13953
 
E*Trade Q2 Earnings Estimate Cut
The Motley Fool - March 13, 1998 13:20
EGRP V%MFOOL P%TMF

News from SI News Alert
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March 13, 1998/FOOLWIRE/ -- E*Trade Group (Nasdaq: EGRP) fell $1
11/16 to $22 7/8 after Deutsche Morgan Grenfell cut its second quarter
earnings estimate for the Internet broker by $0.01 to $0.16 per share.
Significant spending by competitors who are developing brand names is
hurting the company, one of the first Internet brokers to realize the
potential of heavy brand-development ad spending.



To: Oeconomicus who wrote (2522)3/13/1998 2:12:00 PM
From: Volsi Mimir  Read Replies (1) | Respond to of 13953
 
Interesting that Zacks always had .15 consensus .So maybe todays .01 revision is a in line with others? Will watch for other revision

Fri Mar 13 2:08PM Eastern U.S. Time -- U.S. Markets close in 1 hour 52 minutes. E*TRADE GROUP ( EGRP )
Number of brokers
recommending as:
--------------------------------------------------------------------------------

Strong Buy 6
Moderate Buy 1
Hold 0
Moderate Sell 0
Strong Sell 0
Average Recommendation
(strong buy) 1.00 - 5.00 (strong sell)
--------------------------------------------------------------------------------

This Week 1.1
Last Week 1.1
Change 0.0

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Industry:FIN-INVEST BKRS
Ranked 2 of 19
Earnings Per Share
--------------------------------------------------------------------------------

Last Quarter (Dec 97) 0.16
Surprise 14%

Consensus Estimates
This Quarter (Mar 98) 0.15
This Year (Sep 98) 0.65
Next Year 0.90

Last updated: 09-Mar-98 Next Earnings (Approx.): N/A