« Bankruptcy Abuse Prevention and Consumer Protection Act | Main | Foreigners are Pouring Cash into Emerging Markets »

UBS lowers its earnings estimate due to the secondary stock offering.

For 2006 and 2007, UBS lowered the earnings-per-share estimates on Google to $7.57 and $9.30, respectively, down from $7.60 and $9.43, citing the impact of an offering of about 14 million shares expected in the third quarter.

Posted by edelfenbein at August 29, 2005 9:19 AM