DCX: DaimlerChrysler Earnings View Cut

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DaimlerChrysler

(DCX)

investors are worried that third-quarter earnings will be worse than expected,

The Wall Street Journal

reported this morning.

In July, the company warned of a lackluster quarter. Now, there is increased investor concern because of a research note issued yesterday by a

Deutsche Bank

analyst that predicts the U.S. arm of the carmaker would report an operating loss of about $320 million. The loss is a result of outsized spending on consumer incentives combined with costs for launching new vehicles.

Deutsche Bank cut its earnings view on the company to 59 cents a share from 95 cents for the third quarter and to $4.82 a share from $5.77 for the full year. A five-analyst estimate for the quarter is $1.22, while the 12-analyst estimate for the year is $5.77.