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Stock Market & Financial Investment News

News Breaks
July 23, 2014
09:24 EDTLXKLexmark downgraded at Raymond James
As previously reported, Raymond James downgraded Lexmark to Underperform from Market Perform. The firm downgraded shares citing rich valuation and expectations for a deceleration in laser supplies as channel sell-through normalizes.
News For LXK From The Last 14 Days
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May 2, 2015
16:09 EDTLXKLexmark to host analyst meeting
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April 29, 2015
10:00 EDTLXKOn The Fly: Analyst Upgrade Summary
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06:32 EDTLXKLexmark upgraded to Market Perform from Underperform at Raymond James
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April 28, 2015
08:28 EDTLXKLexmark sees FY15 core revenue down 2% to flat
Sees FY15 core revenue in constant currency to grow 4%-6%. Sees FY15 gross profit margin to be flat to slight down YTY. Sees FY15 static tax rate of 30%. Sees FY15 free cash flow 90%-100% NI. Sees FY15 CapEx $110M. Sees long-term cash generation primairly driven by net income. Sees long term free cash flow to be 90%-100% of net income.
08:27 EDTLXKLexmark sees Q2 core revenue to be down 1% to up 1%
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08:26 EDTLXKLexmark sees long-term revenue to grow at or above market
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06:42 EDTLXKLexmark sees FY15 EPS $3.60-$3.80, consensus $3.61
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06:42 EDTLXKLexmark sees Q2 EPS 75c-85c, consensus 79c
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06:40 EDTLXKLexmark reports Q1 adjusted EPS 81c, consensus 76c
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