Lexmark International Inc. Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Lexmark International, Inc. (NYSE:LXK) will unveil its latest earnings on Tuesday, January 31, 2012. Lexmark International develops and manufactures printing and imaging products and solutions for offices and homes.

Lexmark International, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of $1.15 per share, a decline of 10.9% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.16. Between one and three months ago, the average estimate moved down. It has been unchanged at $1.15 during the last month. For the year, analysts are projecting net income of $4.61 per share, a decline of 7.1% from last year.

Past Earnings Performance: Last quarter, the company fell short of estimates by 34 cents, coming in at profit of 95 cents per share against a mean estimate of net income of $1.02. The company topped expectations in the second quarter.

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Wall St. Revenue Expectations: Analysts are projecting a decline of 4.5% in revenue from the year-earlier quarter to $1.06 billion.

Analyst Ratings: Analysts are bearish on Lexmark International as four analysts rate it as a sell, one rates it as a buy and five rate it as a hold.

A Look Back: In the third quarter, profit fell 6.9% to $67 million (86 cents a share) from $72 million (90 cents a share) the year earlier, missing analyst expectations. Revenue rose 1.5% to $1.03 billion from $1.02 billion.

Key Stats:

The decrease in profit in the third quarter came after net income rose in the previous quarter. In the second quarter, net income rose 19%.

The company’s revenue has risen for two straight quarters. In the second quarter, the figure rose 1.1%.

Competitors to Watch: Canon Inc. (NYSE:CAJ), Hewlett-Packard Company (NYSE:HPQ), Xerox Corporation (NYSE:XRX), Dell Inc. (NASDAQ:DELL), Synaptics, Incorporated (NASDAQ:SYNA), Immersion Corporation (NASDAQ:IMMR), Hauppauge Digital, Inc. (NASDAQ:HAUP), EMC Corporation (NYSE:EMC) and Logitech Intl. SA (NASDAQ:LOGI).

Stock Price Performance: During November 25, 2011 to January 25, 2012, the stock price had risen $4.07 (13.1%) from $31.17 to $35.24. It saw one of its worst periods between September 15, 2011 and September 22, 2011 when shares fell for six-straight days, falling 12.6% (-$3.99) over that span. The stock price saw one of its best stretches over the last year between June 10, 2011 and June 21, 2011 when shares rose for eight-straight days, rising 6.5% (+$1.73) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com