Pall Corp. Shares Fell 5.4% After Reducing 2010 Estimates (PLL)
Written on Fri, 03/12/2010 - 4:46pm
By Chip Brian
3/12/2010- Pall Corp. (NYSE:PLL) shares fell 5.4% to $38.65 after the company scaled back its fiscal 2010 estimates due to a weaker-than-expected recovery from its industrial clients.
The company now sees earnings of $1.95 to $2.05 per share, ex items, down from $2.02 to $2.19 per share, vs. consensus estimates of $2.07.
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Ticker(s): PLL