Newsletter Articles | September 30, 1990
Sierra Tucson Reduces Earnings Estimate for 1990
OPEN MINDS The Behavioral Health & Social Service Industry Analyst
Industry News
Sierra Tucson Companies, Inc. has decreased its estimate of earnings by $.17 per share for 1990. The company cited higher initial operating costs and lower overall census for its new German operation as the reasons for the change. Sierra Tucson expects third quarter earnings per share of $.14 and 1990 year-end earnings of $.73. This estimate represents an 18% increase over 1989 earnings of $.62 per share.
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