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Mentor Graphics Sees Earnings Above Estimates in Fourth Quarter

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Mentor Graphics

(MENT)

expects to beat analysts' earnings forecast for the fourth quarter before various charges.

The Wilsonville, Ore., company said earnings will top the 42-cent consensus estimate on revenue that is roughly in line with forecasts of $165 million. The company's income will be cut by a pretax charge of $45 million for goodwill and other items.

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In Nasdaq trading Tuesday, Mentor's shares fell 35 cents to $25.11.