Analysts had expected operating income of 8 cents a share.

Analysts had expected income to rise 0.2 percent and consumer spending to be up 0.3 percent.

Honda said it expected net income to jump 70 percent in the current fiscal year.

He expects operating income of about $40 million this year on revenue of $140 million.

Mellon said it expected net income for 1986 to be $183 million, or $6.20 a share, down 9 percent from 1985.

The company, which already operates 88 buildings here, expects pretax income for 2001 of only $54 million.

Analyst had expected income of 24 cents a share.

Lehman had expected net income for the quarter to be about $211, but now estimates that it will be $151 million.

One would expect extra income to matter more as the unemployment spell lengthens and benefits get reduced.

The utility said it expected lower income because of an accounting charge.