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Stock Market & Financial Investment News

News Breaks
July 22, 2014
09:40 EDTLXKLexmark rallies after results, levels to watch
Price was last at $49.67, trading up over 5.7% after earnings. At that price next resistance is at $50.34, the session high and new 52-week high. Support is at $48.26.
News For LXK From The Last 14 Days
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October 21, 2014
06:36 EDTLXKLexmark raises FY14 adjusted EPS view to $4.05-$4.15 from $3.95-$4.15
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06:34 EDTLXKLexmark sees Q4 adjusted EPS $1.10-$1.20, consensus $1.18
Sees Q4 revenue down 2%-4%. The company expects the 2012 decision to exit inkjet to have a diminishing negative impact on revenue growth. Excluding Inkjet Exit revenue, Q4 revenue is expected to grow year to year.
06:33 EDTLXKLexmark reports Q3 adjusted EPS $1.05, consensus 92c
Reports Q3 revenue $918.1M, consensus $889.62M. Paul Rooke, Lexmark chairman and CEO, said, "In Q3, Managed Print Services and Perceptive Software combined revenue grew 20%, representing nearly one third of Lexmark's total revenue, and is on track to exceed $1B this year. The acquisition of ReadSoft further broadens Lexmark's solutions capabilities and reach, and supports our target of generating Perceptive Software revenue of $500M in 2016"

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