Last quarter Lexmark International (NYSE:LXK) met Wall Street estimates, and it is scheduled to report again on Tuesday.
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Analysts currently expect Lexmark International to come in with earnings of 90 cents per share on revenues of $941.2 million. Analyst estimates range from 87 cents per share to 96 cents per share. Over the past three months, the average estimate has moved down from $1.11.
The stock fell $3.95 per share between July 12, 2012 and July 13, 2012. Looking at change over the last three months, April 23, 2012 and July 18, 2012, the stock price fell $12.56 (-38.6%), from $32.55 to $19.99.
Company Fundamental Trends
Analysts are bearish on Lexmark International as five analysts rate it as a sell and four analysts rate it as a hold. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.
Last Quarter's Results
In the first quarter, profit fell 27% to $60.8 million (84 cents a share) from $83.3 million ($1.04 a share) the year earlier, meeting analyst expectations. Revenue fell 4.1% to $992.5 million from $1.03 billion.
Reporting Period: 2Q
Date of Release: Tuesday, July 24, 2012 before market open
EPS: 90 cents
Revenue Estimate: $941.2 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)