The upshot of such innovation is that analysts have radically revised their sense of the earth's oil-bearing potential.

On balance, analysts are revising their earnings estimates downward for the next two years.

So analysts are revising their estimates.

Several analysts of Kodak revised their recommendations after the company reported weak earnings late Tuesday.

Microsoft's stock plunged $6.50 a share after an analyst revised his earnings estimate for the software giant.

As a result, analysts have revised earnings estimates on brokerage stocks to reflect a growing pessimism regarding Wall Street's profitability.

A telling variable is the number of "multiforecast days" - meaning days when more than one analyst following a particular company issues or revises his forecast.

Many analysts have recently revised upward their estimates of third-quarter growth, although some still expect moderating growth in the economy.

Eli Lilly also rose sharply, up 2 3/8, to 58 3/8, after several analysts revised their assessments of the drug company.

Last week, Apple said its results would surpass Wall Street analysts' estimates, and analysts revised their figures upward.