The company did not say how much it expected its sales and earnings to fall.
He expects earnings of at least $3 a share over the next 12 months.
Analysts said they had been led by the company to expect higher earnings per share.
For 1992 the group is expecting earnings of $4.30 a share, up from $4.25 a month ago.
Last week, the company said it expected its quarterly earnings to fall by at least 30 percent as a result.
We expect earnings from those companies to rise 56 percent in the first quarter.
Wall Street expects the company's earnings to grow 80 percent a year, on average over three years.
He expects the company's earnings to grow 31 percent a year, on average, over three years.
Analysts expect the company's earnings to grow around 30 percent in each of the next three years.
Analysts also expect its earnings to grow 47 percent a year, on average, for the next three to five years.