DLJdirect

(DIR)

, the online brokerage service of

Donaldson Lufkin & Jenrette

(DLJ)

, is forecasting a narrower-than-expected loss for the third quarter.

The firm, which is based in Jersey City, N.J., said it expects to post a loss of $4 million, or 4 cents a share, for the quarter ended Sept. 30, compared with last year's third-quarter loss of $3.3 million, or 3 cents a share. According to a poll by

First Call/Thomson Financial

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, 10 analysts are expecting a loss of 5 cents a share.

Revenue for the quarter is expected to rise about 44% to $79 million from $55 million last year.

DLJdirect also said it will change its name to CSFBdirect once the merger between

Credit Suisse

and Donaldson Lufkin & Jenrette is completed.

Shares of DLJdirect recently gained 31 cents, or 7.1%, to $4.69 on the

New York Stock Exchange

.