Lexmark International Earnings Preview: Get Ahead of the Analysts

Lexmark International (NYSE:LXK) will report earnings before markets open on Tuesday, July 23rd. Lexmark International, Inc. develops, manufactures, and supplies printing and imaging solutions for offices and homes. The Company’s products include laser printers, inkjet printers, multifunction devices, and associated supplies, services and solutions. Lexmark’s products are sold in North and South America, Europe, the Middle East, Africa, Asia, the Pacific Rim and the Caribbean.

Here is your Cheat Sheet to Lexmark International Earnings:

Earnings Expectations: Analysts expect earnings of $0.88 per share on revenues of $858.96 million. Currently, the company’s P/E ratio stands at 27.79.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.94 and has not changed. For the current year, the average estimate is a profit of $3.8, which is the same as the estimate ninety days ago.

Earnings Trends:

Here’s how Lexmark International has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 4,528 3,880 4,200 4,173 3,798
Diluted EPS ($) 2.69 1.86 4.28 4.12 1.53

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012 Mar. 31, 2013
Revenue ($) in millions 918.60 919.20 967.40 884.30
Diluted EPS ($) 0.55 0.00 0.10 0.54

Past Performance:
Lexmark International has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)