Lexmark International (LXK) to Release Earnings on Tuesday
Lexmark International (NYSE:LXK) is scheduled to post its quarterly earnings results on Tuesday, April 22nd. Lexmark International has set its Q1 guidance at $0.80-0.90 EPS.Parties that are interested in participating in the company’s conference call can do so using this link.
Lexmark International (NYSE:LXK) last issued its quarterly earnings data on Tuesday, January 28th. The company reported $1.18 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.10 by $0.08. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $929.45 million. During the same quarter in the prior year, the company posted $0.86 earnings per share. The company’s quarterly revenue was up 4.0% on a year-over-year basis. On average, analysts expect Lexmark International to post $3.91 EPS for the current fiscal year and $3.98 EPS for the next fiscal year.
Lexmark International (NYSE:LXK) opened at 45.98 on Monday. Lexmark International has a 52-week low of $24.69 and a 52-week high of $47.98. The stock’s 50-day moving average is $44.25 and its 200-day moving average is $38.40. The company has a market cap of $2.831 billion and a price-to-earnings ratio of 11.38.
On a related note, analysts at Zacks reiterated a “neutral” rating on shares of Lexmark International in a research note on Thursday, January 30th. They now have a $41.00 price target on the stock. Two analysts have rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $31.33.
Lexmark International, Inc (NYSE:LXK) is a developer, manufacturer and supplier of printing, imaging, device management, managed print services, document workflow, and also provides business process and content management solutions.
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