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Kodak reaffirms guidance
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May 23, 2001: 4:47 p.m. ET
Kodak projects second-quarter earnings per share of $1 to $1.30
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NEW YORK (CNNfn) - Eastman Kodak Co. reaffirmed its second-quarter earnings guidance Wednesday, saying its business outlook remains unchanged.
The company said Chief Financial Officer Robert H. Brust will reaffirm earning per share targets of $1 to $1.30 for the second quarter.
The eight analysts surveyed by First Call on average expect Kodak (EK: Research, Estimates) to earn $1.12 per share.
Kodak cut its guidance for the second quarter when it released first-quarter earnings in April, citing weakness in the U.S. economy.
Shares of Kodak fell 70 cent to $47.40 on the New York Stock Exchange Wednesday. 
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Eastman Kodak
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