Lexmark International Fourth Quarter Earnings Sneak Peek
Lexmark International Inc (NYSE:LXK) will unveil its latest earnings tomorrow, Tuesday, January 29, 2013. Lexmark International develops and manufactures printing and imaging products and solutions for offices and homes.
Lexmark International Inc Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average analyst estimate is for net income of 91 cents per share, a decline of 27.2% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved up from 90 cents. Between one and three months ago, the average estimate was unchanged. It has risen during the last month. For the year, analysts are projecting profit of $3.79 per share, a decline of 19.5% from last year.
Last quarter, the company came in at net income of 94 cents per share against a mean estimate of profit of 78 cents per share, beating estimates after missing them in the previous quarter. In the second quarter, it missed forecasts by one cent.
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Revenue fell 11.2% to $919.2 million from $1.03 billion.
Here’s how Lexmark International traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: