Lexmark International, Inc. (LXK) Tops Q2 EPS by 7c, Sales Beat
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Price: $40.49 --0%
Financial Fact:
Other (income) expense, net: 1.3M
Today's EPS Names:
SVBT, ZEO, OTLK, More
Financial Fact:
Other (income) expense, net: 1.3M
Today's EPS Names:
SVBT, ZEO, OTLK, More
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Lexmark International, Inc. (NYSE: LXK) reported Q2 EPS of $0.95, $0.07 better than the analyst estimate of $0.88. Revenue for the quarter came in at $890 million versus the consensus estimate of $858.96 million.
Lexmark International, Inc. sees Q3 2013 EPS of $0.85-0.95, versus the consensus of $0.94.
"In the second quarter, Lexmark exceeded its April guidance range for both revenue and EPS," said Paul Rooke, Lexmark chairman and chief executive officer. "Our high value, strategic segments of managed print services and Perceptive Software both grew at a double-digit rate, and we generated solid free cash flow.
"Enabled by our long history of cash generation, we continue to create value for Lexmark shareholders through the combination of share repurchases, dividends, and organic and acquisitive investments to further advance our end-to-end solutions capabilities," said Rooke.
"Recent significant customer wins, along with multiple, prestigious industry accolades, show that the growth synergies we are creating between Imaging Solutions and Services and Perceptive Software have positioned Lexmark well to help customers solve their unstructured information challenges and enable us to lead in this large and expanding market," Rooke added.
For earnings history and earnings-related data on Lexmark International, Inc. (LXK) click here.
Lexmark International, Inc. sees Q3 2013 EPS of $0.85-0.95, versus the consensus of $0.94.
"In the second quarter, Lexmark exceeded its April guidance range for both revenue and EPS," said Paul Rooke, Lexmark chairman and chief executive officer. "Our high value, strategic segments of managed print services and Perceptive Software both grew at a double-digit rate, and we generated solid free cash flow.
"Enabled by our long history of cash generation, we continue to create value for Lexmark shareholders through the combination of share repurchases, dividends, and organic and acquisitive investments to further advance our end-to-end solutions capabilities," said Rooke.
"Recent significant customer wins, along with multiple, prestigious industry accolades, show that the growth synergies we are creating between Imaging Solutions and Services and Perceptive Software have positioned Lexmark well to help customers solve their unstructured information challenges and enable us to lead in this large and expanding market," Rooke added.
For earnings history and earnings-related data on Lexmark International, Inc. (LXK) click here.
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