1. It was one of five airline stocks whose fourth-quarter earnings estimates were cut today by Goldman Sachs analyst Glenn Engel. 2. Analysts responded by cutting profit estimates for the current year. 3. Analysts have cut earnings estimates for this year. 4. Analysts soon will begin cutting earnings estimates, he predicted. 5. And at least five analysts cut their estimates for WestPoint Stevens this week. 6. And for sure, analysts have not finished cutting earnings estimates, which are the basis of the predicted earnings yield. 7. And so, year after year, they begin January with rosy forecasts for profits and then spend much of the year cutting their estimates as reality intrudes. 8. At least five brokerages, including Pinatton Analyse Financiere, have cut their estimates for DFS operating profit. 9. At the same time, many analysts have cut earnings estimates for the company. 10. Because of the slow August, analysts and companies are cutting earnings estimates. |