As a result, many analysts had already lowered their projections for the season.
The stock had lost a third of its value a month ago when two analysts lowered their ratings on the company.
Several analysts lowered their estimates for the current quarter today.
As a result, some analysts have lowered their earnings estimates for 1987 to about $5.50 a share from $5.80.
The analyst also lowered his estimates for 1993 and 1994 earnings.
Some analysts are lowering their projected earnings for the industry.
Some analysts lowered their estimates today to reflect the cut but said it was not a surprise.
Several analysts lowered their 1997 earnings estimates yesterday in response.
But several analysts lowered their earnings estimates for the company yesterday.
Analysts lowered their earnings estimates, and the stock fell 63 percent on the week.