LSC Communications Inc (LKSD) Expected to Announce Earnings of $0.66 Per Share

Wall Street analysts expect LSC Communications Inc (NYSE:LKSD) to post earnings per share (EPS) of $0.66 for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for LSC Communications’ earnings. The lowest EPS estimate is $0.61 and the highest is $0.71. LSC Communications reported earnings per share of $0.48 during the same quarter last year, which would suggest a positive year over year growth rate of 37.5%. The company is scheduled to announce its next quarterly earnings results before the market opens on Thursday, February 22nd.

According to Zacks, analysts expect that LSC Communications will report full-year earnings of $2.10 per share for the current fiscal year, with EPS estimates ranging from $2.07 to $2.13. For the next fiscal year, analysts anticipate that the firm will report earnings of $2.24 per share, with EPS estimates ranging from $2.13 to $2.45. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for LSC Communications.

LKSD has been the topic of several analyst reports. BidaskClub upgraded shares of LSC Communications from a “strong sell” rating to a “sell” rating in a research note on Friday, October 27th. Citigroup upgraded shares of LSC Communications from a “sell” rating to a “neutral” rating and set a $23.00 price target on the stock in a research note on Tuesday, November 14th. ValuEngine upgraded shares of LSC Communications from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, January 9th. Finally, Zacks Investment Research upgraded shares of LSC Communications from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 10th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a strong buy rating to the stock. LSC Communications currently has an average rating of “Hold” and a consensus price target of $24.00.

A number of large investors have recently bought and sold shares of LKSD. Cornerstone Capital Management Holdings LLC. acquired a new position in LSC Communications in the 2nd quarter valued at $205,000. AHL Partners LLP grew its stake in LSC Communications by 0.7% in the 2nd quarter. AHL Partners LLP now owns 9,967 shares of the company’s stock valued at $213,000 after buying an additional 72 shares during the last quarter. Voya Investment Management LLC grew its stake in LSC Communications by 6.8% in the 2nd quarter. Voya Investment Management LLC now owns 14,812 shares of the company’s stock valued at $317,000 after buying an additional 946 shares during the last quarter. Tudor Investment Corp ET AL acquired a new position in LSC Communications in the 2nd quarter valued at $481,000. Finally, Nationwide Fund Advisors grew its stake in LSC Communications by 1,128.4% in the 2nd quarter. Nationwide Fund Advisors now owns 22,873 shares of the company’s stock valued at $489,000 after buying an additional 21,011 shares during the last quarter. Institutional investors and hedge funds own 83.51% of the company’s stock.

LSC Communications (NYSE LKSD) traded up $0.12 during mid-day trading on Tuesday, reaching $12.88. 134,597 shares of the company’s stock were exchanged, compared to its average volume of 247,866. LSC Communications has a 12 month low of $12.56 and a 12 month high of $28.96. The company has a current ratio of 1.42, a quick ratio of 1.10 and a debt-to-equity ratio of 2.47. The stock has a market cap of $447.06, a P/E ratio of 44.42, a price-to-earnings-growth ratio of -2.86 and a beta of 3.43.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 2nd. Stockholders of record on Thursday, February 15th will be paid a dividend of $0.26 per share. This is a positive change from LSC Communications’s previous quarterly dividend of $0.25. The ex-dividend date is Wednesday, February 14th. This represents a $1.04 annualized dividend and a dividend yield of 8.07%. LSC Communications’s dividend payout ratio is 344.84%.

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LSC Communications Company Profile

LSC Communications, Inc focuses on traditional and digital print, print-related services and office products. The Company’s segments are Print and Office Products. The Company, through its Print segment, provides a range of print product offerings, which include magazines, catalogs, retail inserts, books and directories.

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